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GBP/USD consolidates in a range around mid-1.2100s, focus remains glued to US CPI

by GBP Editor
January 12, 2023
in GBP
Reading Time: 1 min read

GBP/USD struggles to gain any meaningful traction and remains confined in a range. Recession fears undermine the GBP and cap the upside amid a modest USD uptick. Bets for smaller Fed rate hikes act as …

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GBP Editor
Latest posts by GBP Editor (see all)
  • GBP/USD Price Analysis: Extends bounce off 50-SMA towards 1.2330 support-turned-resistance - March 27, 2023
  • GBP/USD meets supply near 1.2290, bears taking back charge - March 27, 2023
  • Pound To New Zealand Dollar Week-Ahead Forecast: GBP Softens Vs NZD, Climbs Post BoE - March 27, 2023
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