The British pound enjoys a constructive technical setup against the dollar.
The dollar fell after it was announced U.S. inflation fell to 2.7% y/y in November, down from 3% in October.
The pound slipped against the dollar after the headline U.S. jobs report beat expectations.
The pound to dollar exchange rate (GBP/USD) can retreat further in the coming week, but the pullback should be shallow.
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