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Tuesday, 11 August 2026

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Markets

British Pound remains weaker as UK-US yields narrow, US Dollar strengthens

British Pound remains weaker as UK-US yields narrow, US Dollar strengthens

GBP/USD extends its losses for the second consecutive day, trading around 1.3450 during the Asian hours on Friday. The pair depreciates as the British Pound (GBP) softens even as United Kingdom (UK) political risk fades.

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