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Sterling recovers some BoE-led losses, politics loom large

FEBRUARY 06, 2026

LONDON, Feb 6 (Reuters) - The pound rose on Friday, recovering some of the previous day's steep slide that followed a surprisingly tight vote from the Bank of England to leave rates unchanged and its signal that it could cut if inflation continues to cool.

Sterling rose 0.4% to $1.3581 by mid-morning in London, partially recovering from Thursday's near-1% drop to 10-day lows.

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