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GBP/USD holds comfortably above the ascending trend line and the 200-period and the 100-period Simple Moving Averages (SMA), reflecting the bullish bias. Additionally, the Relative Strength Index (RSI ...
Pound Sterling (GBP) is likely to continue to rise; 1.2500 is expected to provide strong resistance. In the longer run, for the time being, GBP is likely to trade in a 1.2310/1.2550 range, UOB Group's ...
Can the upcoming CPI report shift Fed expectations? US Dollar Index holds firm, with GBP/USD & EUR/USD at key levels. Read the full analysis.
The Pound was trapped in a narrow range against the US Dollar on Tuesday despite the release of some positive UK data.
The Pound US Dollar (GBP/USD) exchange rate traded mostly sideways on Tuesday despite the publication of some better-than-expected UK data.