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Extra gains on the cards above the 200-day SMA
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Extra gains on the cards above the 200-day SMA
The Pound Sterling extends its march north past 1.3500 vs. the US Dollar. GBP/USD navigates its fourth consecutive month of gains. UK inflation rose more than expected in April, lifting eyebrows at the BoE. The British Pound held a firm tone throughout the week, pushing GBP/USD beyond the 1.3500 mark on Friday, territory last seen in late February 2022. Sterling’s advance was driven largely by sustained pressure on the US Dollar (USD), which acc…
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