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flag The British pound dropped to a two-month low near 1.3280 against the dollar due to weak UK economic data and expectations of Bank of England rate cuts.

flag The British pound fell to a two-month low near 1.3280 against the dollar amid weak UK economic data, including declining retail footfall and sluggish wage growth, while concerns over upcoming fiscal policy shifts weighed on sentiment. flag Despite a stronger US dollar and ongoing trade tensions between the US and China, market expectations for Bank of England rate cuts in October and beyond continued to pressure Sterling. flag GBP/USD remained near 1.3300, with technical indicators signaling further downside risk toward 1.3200, while resistance held near 1.3410.

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