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12 Aug 2026 · 19:57 GMT+3
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British Pound holds near 1.3500 as CPI relief meets Hormuz risk

The Pound Sterling (GBP) holds firm within familiar levels on Wednesday after the US inflation report was in line with estimates, a relief for the Federal Reserve (Fed), which is laser-focused on tackling higher prices. The GBP/USD pair trades at around 1.3500 after reaching a high of 1.3546.

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