This Week: GBPUSD bulls are trying to move closer to 200-period SMA
Stronger than expected wage data could push cable up to its 50-day simple moving average at ~1.2599, while softer numbers might see the major pull back towards 1.24.
Sterling continues to outperform major peers but faces potential headwinds with sticky services inflation and expectations of future BoE rate cuts. ...
Stronger than expected wage data could push cable up to its 50-day simple moving average at ~1.2599, while softer numbers might see the major pull bac...
GBPUSD has rebounded towards 1.25000 level following the higher-than-expected UK Inflation reading....
British Pound
GBPUSD
inflation
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