EUR/GBP holds losses near 0.8450 due to cautious tone surrounding the BoE policy outlook

EUR/GBP halts its seven-day winning streak, trading around 0.8430 during the European hours on Wednesday.
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Pound Sterling holds onto gains against US Dollar ahead of US inflation data

The Pound Sterling (GBP) stays firm near the four-month high of 1.2965 against the US Dollar (USD) in Wednesday’s European session.
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