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November 12, 2024

GBP/USD falters ahead of UK labor and wages data dump

GBP/USD skidded back into familiar lows on Monday, squirting back below the 1.2900 handle as Cable traders brace for the latest round of UK wages and jobs data due early Tuesday. The US market session was a quiet affair, with markets tilting firmly into risk appetite but still bolstering the US Dollar into the high side.

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