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The Pound Sterling failed ... initiate toward the 100-day SMA at 1.2724. With a 100-day SMA and 200-day SMA Bear Cross in play, the downside risks remain intact for GBP/USD. If the retracement ...
But we thought it worth updating the FX-curious as to quite how weak the pound ... the euro (or US dollar). But the broad effective exchange rate of sterling will remain pretty much unchanged.
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