METOP.CO – The primary driver is a weaker dollar, a significant shift after the initial response to the inflation report. The GBP/USD is up some 50 pips on the day after trading lower beforehand. The pair reached a high of 1.3972, staging a quick recovery after falling earlier to 1.3800. The US dollar initially rallied as the …

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GBP/USD spikes higher as the US dollar sells off in a massive turnaround

via GBP/USD spikes higher as the US dollar sells off in a massive turnaround metop.co

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