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The pound's recovery could continue
The pound's recovery could continue

The pound's recovery could continue

The GBP/USD pair is consolidating early in the week. Today, the UK's PMI report could affect its movement. Experts from Bloomberg expect to see the indicator slow down for both the manufacturing and service sectors. At the same time, weak macroeconomic data and the risk of a recession may already be partially baked into prices. That's why the pound may rise if good news comes in.

GBP/USD

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