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Pound Sterling Price News and Forecast: GBP/USD under pressure as hot PPI puts Fed hike in play

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The Pound Sterling (GBP) loses traction against the US Dollar (USD) on Thursday after the latest US producer inflation report, which exceeded estimates, prompting investors to price in a more hawkish Federal Reserve (Fed). At the time of writing, GBP/USD trades at 1.3525, down 0.17%. Read More...