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GBP/USD Price Analysis: Bulls stepped in as ‘morning star’ chart pattern looms The Pound Sterling rallied early in the North American session, gaining more than 0.65% against the US Dollar ...
The Pound Sterling dips slightly below 1.2500 due to multiple headwinds. Investors expect UK interest rates to remain steady at 5.25% with less-hawkish BoE’s guidance on interest rates.
Sterling ended last week a fraction lower against half its G10 counterparts and a generally stronger U.S. Dollar but was an outperformer on Friday when another fall in the preferred inflation measure ...