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The British Pound (GBP) is up 0.17% at around 1.3250 against the US Dollar (USD) during the European trading session on Friday. The GBP/USD pair gains as a pullback in United States (US) Treasury Yields after a juggernaut rally has lifted market sentiment.
Bank of England (BoE) external member Greene said in Cape Town that it
GBP/USD faces a new housing drag as higher rate expectations weaken UK buyer demand, sales and prices while rental pressure builds.