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GBPUSD
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GBPUSD Rallies on Soft US NFP as Traders Eye Thursday CPI for Further Dollar Weakness | InvestingLive | Login to see the signal | |
GBPUSD erased all the losses following the soft NFP report. What's next?SummaryGBPUSD rallied after a soft U.S. NFP drove USD weakness and boosted dovish Fed rate-cut bets; pound also supported by hotter UK inflation. Technicals show bounce from 1.3368, resistance near 1.3590, with buyers on the 4h trendline. Key catalysts: US PPI, CPI, jobless claims, UK GDP. |
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