GBP/USD retreats on Yellen testimony

The GBP/USD retreated from February highs at the beginning of the American session as the greenback recovered ground in the wake of Janet Yellen testimony.
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US: Redbook Index rose 2.8% YoY

The Redbook index advanced at an annual pace of 2.8% and contracted 1.4% on a monthly basis in the week ended on February 2, vs....
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