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The British pound shows signs of recovery

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GBPUSD The Pound Sterling continues to rise without any signs of slowing down, even in the face of disappointing factory data from the UK.

In order to cope with a bleak demand outlook, UK companies have made significant cuts to their input costs.

Swati Dhingra of the Bank of England (BoE) expressed support for a potential interest rate cut if the growth rate falls below expectations.

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