GBP/USD: Fluctuations in the well-defined range seen as technical trading opportunities

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GBP/USD: Fluctuations in the well-defined range seen as technical trading opportunities
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GBP/USD: Fluctuations in the well-defined range seen as technical trading opportunities GBPUSD CentralBanks Banks

“Ahead of this week's highly-anticipated central bank meetings, the pair's fluctuations in the well-defined range could be seen as technical trading opportunities.”

“On the downside, 1.2530 aligns as interim support ahead of 1.25 . A daily close below the latter could be seen as a bearish development and open the door for additional losses toward 1.2420 .”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.

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