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The British Pound rose against the US Dollar by 0.89% to 1.2694, influenced by economic data and potential trade deals.
The British Pound strengthened against the US Dollar, rising over 0.89% to 1.2694, following weaker US economic data and declining US yields.
This move was bolstered by rising UK 10-year GILTS yields and discussions between the US and UK about a new economic deal focusing on advanced technologies.
The pound's value also benefited from perceptions of it as a safe haven in tariff-related trade.
However, the currency pair faced pressure after President Trump's tariff decisions, retreating to 1.2575.
The GBP/USD pair's future direction will depend on upcoming economic indicators and central bank decisions.
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La libra esterlina aumentó contra el dólar estadounidense en un 0,89% a 1,2694, influenciada por datos económicos y posibles acuerdos comerciales.