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EUR/GBP recovers from Friday’s losses

The single currency trims losses from two consecutive days, despite the BoE’s outlook for a rate hike. ECB Christine Lagarde reinforces that “inflation is largely transitory”. Divergence between the ECB and BoE could benefit sterling against the single currency. EUR/GBP: To extend its fall towards the 0.8385 mark – SocGen. EUR/GBP recovers from two