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GBP USD Weekly Outlook

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GBP/USD outlook: Pivotal week awaits cable

The GBP/USD climbed back above the 1.35 handle on Friday, thanks to a weaker US jobs report which all but cemented expectations that the Federal Reserve will cut interest rates in a couple of weeks’ time. The GBP/USD outlook will be put to the test again next week with the release of more US data, including inflation numbers, while from the UK we will get a monthly update on GDP.