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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.

GBP/USD trades near 1.2400 in the European session on Friday. The technical outlook highlights a buildup of bearish momentum. The pair could face next support at 1.2370. GBP/USD struggles to hold ...

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.