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GBPUSD Rebounds on Weak US Jobs Data as Traders Eye Friday NFP

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The Story

News Summary

  • Sterling steadied above $1.34 as bond-market panic eased and investors awaited US nonfarm payrolls.
  • Soft US labor reports (weak ADP, falling job openings) boosted Fed-cut expectations and pressured the dollar, while UK fiscal uncertainty and BoE caution limited upside.
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GBPUSD price history

1.34 +0.00% over the displayed period

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