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GBP/USD flat near 1.3380 as strong data boosts the US Dollar
Summary by The New York Ledger
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GBP/USD flat near 1.3380 as strong data boosts the US Dollar
The British Pound (GBP) trades sideways against the US Dollar (USD) on Friday during the North American session, after reaching a daily high of 1.3413, but solid US data released this week capped Sterling’s advance. GBP/USD trades at 1.3380 and continues to distance from the 200-day SMA key technical level at 1.3405. Dollar supported by solid US jobs data, traders trimming Fed cut bets This week, economic data in the US revealed that inflation o…
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