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GBP/USD faces extra rangebound – UOB

Cable is seen extending the sideline theme for the time being, noted FX Strategists at UOB Group. Key Quotes 24-hour view: “Expectation for GBP to “edge above 1.2580” did not materialize as it slipped to a low of 1.2476 before recovering. Mixed momentum indicators suggest the current movement is part of a consolidation phase. In […] The post GBP/USD faces extra rangebound – UOB appeared first on Forex Crunch.

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