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GBP/USD broke above the upper limit of the descending regression channel and cleared the 100-period Simple Moving Average (SMA) on the 4-hour chart. However, the Relative Strength Index (RSI) remains ...
Now that a Fed rate cut on September 17 is priced in as a sure thing, Cable markets are shifting focus to the Bank of England’s (BoE) upcoming interest rate decision on Thursday. The BoE’s Monetary ...