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GBP/USD: Likely to trade in a range between 1.3290 and 1.3365 – UOB Group

Pound Sterling (GBP) is likely to trade in a range between 1.3290 and 1.3365. In the longer run, downward momentum has slowed somewhat, but there is still a chance for GBP to decline to 1.3200, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
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ECB’s Dolenc: No reason to change rates in the coming months

European Central Bank (ECB) policymaker and Slovenia's central bank acting Governor Primoz Dolenc said on Wednesday that there is “no reason to change (interest) rates in the coming months.”
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