3 hours GBP/USD edges lower to near 1.2650 as latest US inflation report keeps Fed on alertFXStreet

GBP/USD holds losses as the US Dollar (USD) advances as the latest US inflation report indicated solid growth in consumer spending for October, but it also highlighted a stagnation in progress toward lowering inflation, keeping the Fed on alert.

Fed · GBP USD · Inflation · U.S.

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