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GBP/USD reached a seven-month peak at 1.3423 — its highest level since 26 September 2024 — before entering a corrective phase. Key Drivers Behind GBP/USD Movements Market concerns over US President Donald Trump’s criticism of Federal Reserve Chair Jerome Powell have eased. Trump has since clarified that Powell will not be dismissed, though he expressed frustration over the Fed’s reluctance […]

The post Pound Hits Fresh High Against US Dollar Before Correcting: What’s Driving GBP/USD? appeared first on Action Forex.

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06/01/2025

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