Pound Sterling trades in tight range against US Dollar ahead of US inflation data

The Pound Sterling (GBP) consolidates in a tight range near 1.2750 against the US Dollar (USD) in Tuesday’s European session.
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USD gets softer after China announcing a consumption boost – ING

The US Dollar (USD) got a little softer against most currencies on Monday after Chinese policymakers said they would boost consumption ‘forcefully’, ING’s FX analyst Chris Turner notes.
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