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GBP/USD – Price Analysis and Forecast: The British Pound Declines Slightly but Remains Near a Multi-Month High
Today, Wednesday, GBP/USD is showing a
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Today, Wednesday, GBP/USD is showing a negative bias, fluctuating below 1.3660 and erasing part of the significant gains recorded the previous day. At the same time, the pair remains near the August high set last week, as market participants are eagerly awaiting the release of the US Personal Consumption Expenditures (PCE) data, which could provide a new catalyst for the pair. Key inflation indicators and Fed Chair Kevin Warsh's speech at the Jackson Hole symposium on Friday should be analyzed
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Irina Yanina,
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