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China PBoC Interest Rate Decision in line with forecasts (3.1%)

GBP/USD ticks higher on softer USD; lacks bullish conviction and remains below 1.2200

The GBP/USD pair kicks off the new week on a slightly positive note and reverses a part of Friday's decline, though the uptick lacks follow-through or bullish conviction.
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PBOC leaves Loan Prime Rates unchanged in January

The People’s Bank of China (PBOC), China's central bank, announced to leave its Loan Prime Rates (LPRs) unchanged on Monday.
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