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GBP/USD. Analysis and Forecast
Today, the GBP/USD pair is trading
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Today, the GBP/USD pair is trading within a narrow range around the psychological level of 1.3500, remaining close to the weekly low recorded the previous day. Pressure on the British pound is increasing amid escalating domestic political tensions in the UK and rising expectations of monetary easing by the Bank of England. At the same time, the more hawkish rhetoric of the U.S. Federal Reserve is supporting demand for the dollar and preventing a more confident recovery in the pair.The
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Irina Yanina,
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