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Mar 01 - 11:55 AM

GBP/USD - Maintains 1.26 Handle As Market Swallows Pill

By Rob Howard  —  Mar 01 - 09:35 AM
  • Cable maintains 1.26 handle as market digests comments from BoE's Pill

  • BoE chief economist says first BoE rate cut "some way off" nL5N3FF527

  • Markets still expect first BoE rate cut on August 1 0#BOEWATCH

  • UK budget next week. Fed's Barkin: I still see wage, inflation pressures

  • US Fed ISM manufacturing index due at 1500 GMT; 49.5 is consensus forecast

  • 1.2614-1.2699 defines GBP/USD range this week (vs 1.2580-1.2710 last week)

Source:
Refinitiv IFR Research/Market Commentary

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