GBP/USD Deflated By Softer Than Expected UK November Inflation Data

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<p>Cable dropped on Wednesday morning on softer than expected UK November inflation, losing around 0.4% after data release. Stronger than expected drop in consumer prices adds support to rate cut scenario, making pound less attractive, though latest comments from BOE’s deputy governor about keeping restrictive policy for some time, may partially offset impact from inflation [&#8230;]</p>
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