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BoE's Broadbent: Haven't decided how to vote at next week's meeting

Speaking to reporters following his speech, Bank of England Deputy Governor Ben Broadbent said he had not yet decided how he would vote at the BoE's August Monetary Policy Committee meeting next week when asked and added that he would not reveal it even if he had decided, as reported by Reuters.

The initial market reaction dragged the GBP/USD pair to a daily low at 1.3080. As of writing, the pair was trading at 1.31, losing 0.2% on the day.

September hike nearly fully priced, but less conviction further out – ABN AMRO

Bill Diviney, an analyst at ABN AMRO, explained that the 10y Treasury yield broke out to the highest level in more than a month today at 2.95%.  Key
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GBP/USD Technical Analysis: Correcting lower but some underlying strength still seen

GBP/USD 15-minute chart  Spot rate:               1.3097 High:                     1.3157 Low:                      1.3081 Trend:            
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