The Dollar rose across the board after the Federal Reserve cut interest rates by 25 basis points but signalled the end of a run of consecutive cuts.
GBP/USD exchange rate looks set to carve out a shallow rebound in the coming days, but this mustn't be mistaken for strength.
The Dollar retreated from earlier highs after U.S. inflation met expectations.
A short-term rebound in the Pound to Dollar exchange rate looks set to extend this week. The U.S. inflation data release is the key focus.
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