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GBPUSD - GBP/USD sticks to modest gains near mid-1.2500s, upside potential seems limited

25-05-2022 01:04

Some cross-driven strength assisted GBP/USD to regain positive traction on Wednesday. Diminishing odds for any further BoE rate hikes could act as a headwind amid Brexit woes. Modest USD strength ...

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GBP/USD: Solid ceiling to be found at the 55-DMA at 1.2830 for a move back lower – Credit Suisse

However, the pair is likely to remain capped below its 55-day moving average (DMA) at 1.2830 for a move back lower, economists at Credit Suisse report. GBP/USD to suffer an eventual move back below 1.

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GBP/USD Technical Analysis: Bullish Attempts Still Underway

At the beginning of this week's trading, the sterling dollar pair moved towards the 1.2600 level, before settling around the 1.2575 level at the time ...

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GBP/USD Price Forecast – The British Pound Breaks Below 1.25 Again

The British pound has fallen rather hard during the trading session on Tuesday to break down below the 1.25 handle. Doing so shows more downward momentum.

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Pound US Dollar Exchange Rate News: GBP/USD Plummets on Weak UK PMI Figures

The Pound US Dollar (GBP/USD) exchange rate is dropping this morning in response to the UK’s weaker-than-predicted PMI figures. Meanwhile, the US Dollar (USD) is being buoyed by global recession fears ...

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