Italy 5-y Bond Auction fell from previous 0.91% to 0.54%

Italy 5-y Bond Auction fell from previous 0.91% to 0.54%
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GBP/USD retreats back to 1.2250 ahead of US data

The GBP/USD pair ran through some offers at higher levels and trimmed some of its strong gains to 1.2275, albeit has managed to hold above mid-1.2200s
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