GBP/USD struggles to build on the overnight modest bounce from the weekly low and oscillates in a narrow band near 1.3500 in European trading on Friday. The Gorton and Denton by-election, held on February 26, has become a focal point of political drama in the UK, along with the Bank of England (BoE) easing expectations, acts as a headwind for the British Pound and the GBP/USD pair.
Source: https://www.fxstreet.com/news/germany-north-rhine-westphalia-cpi-yoy-dipped-from-previous-2-to-18-in-february-202602270900
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