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Sterling relishes GDP boost but faces new risks

Summary by Smart Currency Business

Sterling benefitted from unexpectedly positive GDP numbers (plus a notably weaker US dollar) to end last week on a high. In just one week, GBP/USD gained almost two per cent while the euro also made similar gains against the US dollar.

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Smart Currency Business

Sterling relishes GDP boost but faces new risks

Sterling benefitted from unexpectedly positive GDP numbers (plus a notably weaker US dollar) to end last week on a high. In just one week, GBP/USD gained almost two per cent while the euro also made similar gains against the US dollar.

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Smart Currency Business broke the news in 6 days ago on Monday, February 17, 2025.

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