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Back Fundamental analysis
Bearish Sentiment for the British Pound is Growing
Macroeconomic data from the United Kingdom
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Macroeconomic data from the United Kingdom published last week appeared mostly positive. PMI indices rose in April in both sectors, and retail sales growth in March exceeded forecasts, meaning concerns about a decline in consumer activity due to the war in the Middle East did not materialize. The economy overall remains fairly stable, and the energy sector is stable as well.As indicated by the PMI reports, the sub-indices for prices increased significantly across both sectors, particularly for raw materials and
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Kuvat Raharjo,
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