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NewsGBP/USD PRICE ANALYSIS: THE PAIR BALANCES AT CRITICAL LEVELS
2023-05-06
GBP/USD was trading in a narrower range of around 50 pips on Thursday having hit an 11-month high the prior day after the Federal Reserve raised rates but signaled an end to its tightening cycle is in sight. The technicals are left bullish, however, while on the front side of the weekly dynamic support line as the following will illustrate:
WikiFX2023-05-06
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NewsGBP/USD SINKS FROM WEEKLY HIGH AS RISK AVERSION TAKES HOLD
2023-04-27
The British Pound is moving in different directions against the US dollar and the Euro as interest rate expectations for all three currencies continue to make their mark. In the UK, the Bank of England (BoE) is expected to hike rates by 25 basis points on May 11th and be open to hiking again if inflation remains stubbornly high.
WikiFX2023-04-27
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