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GBP/USD rises above 1.3500 as BoE rate cut odds, US Dollar weaken

GBP/USD appreciates after registering slight losses in the previous session, trading around 1.3530 during the European hour on Monday.
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US Dollar Index Price Forecast: Tests 97.50 support near eight-week lows

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its losses for the fifth consecutive session and trading around 97.60 during the European hours on Monday.
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