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GBP/USD touches key resistance line near 1.3950. Overbought conditions emerge after impressive weekly rally. GBP/USD was trading with softer positive momentum during Tuesday’s early European session, following a surge to a new three-year high of 1.3592 on Monday. Stronger-than-expected CPI inflation and business PMI figures, combined with a weakening US dollar, triggered a fresh rally […]

The post GBP/USD’s Bullish Streak Hits a Wall appeared first on Action Forex.

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03/06/2024

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