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GBP/USD – Price Analysis and Forecast: The Pair Faces Renewed Selling Pressure
During Thursday's Asian trading session, the
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During Thursday's Asian trading session, the GBP/USD pair came under renewed pressure, halting the recovery that had begun to take shape the previous day. The preceding decline pushed the pound sterling to a two-week low in the 1.3275–1.3270 level. However, the pair is currently trading above the round 1.3300 level. The strengthening US dollar is preventing further gains, while the absence of aggressive selling is also keeping bears from taking decisive action.The US dollar resumed its advance following a corrective
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