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The GBP/USD forecast shows caution ahead of this week's Bank of England policy meeting. However, the pound remains steady near Friday lows.
The Relative Strength Index (RSI) indicator on the 4-hour chart stays near 40 and GBP/USD continues to trade below the 100-period, 50-period and 20-period Simple Moving Averages (SMA), reflecting a ...
The U.S. Dollar Index (DXY) is trading near $99.81, pivoting around a key zone that’s acted as both resistance and support. Price is hovering just above the rising trendline and the 50 EMA ($99.74), ...
The Pound US Dollar ( GBP/USD) exchange rate traded in a wide range last week, initially climbing to its best levels since February 2022, before quickly retreating. The GBP/USD exchange rate closed ...
The GBP/USD pair gains traction to around 1.3290 during the early European session on Monday. The US Dollar (USD) softens against the Pound Sterling (GBP) amid heightened economic uncertainty in the ...