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Rapid drop in Pound Sterling (GBP) could extend vs US Dollar (USD); oversold conditions suggest any decline is part of a lower 1.2570/12640 range. In the longer run, two-week GBP strength has ended; ...
GBP/USD closed below the 100-day Simple Moving Average (SMA), currently located at 1.2640, on Thursday and the Relative Strength Index (RSI) indicator on the 4-hour chart declined below 50, ...
Core PCE Index in focus as US Dollar steadies. Will GBP/USD and EUR/USD break key support levels? Find out more.
The Pound trended mostly flat against the US Dollar on Thursday following the publication of several US data releases.
Trump confirms 25% tariffs on Mexico, Canada, and a fresh 10% on China; GBP/USD struggles as risk-off flows boost the U.S. dollar; Core PCE inflation data in focus amid U.S. growt ...