GBPUSD Technical Analysis - Key levels in focus for a potential pullback ...Middle East

Fundamental OverviewThe US Dollar remains the strongest currency but overall, we haven’t got much action in the past couple of weeks due to the lack of key catalysts and the market’s pricing remaining largely unchanged around roughly three rate cuts by the end of 2025 despite a series of strong US data. This might be a signal that we are bottoming out here and we could see a correction to the downside in the US Dollar. This should translate in a higher GBP/USD exchange rate.On the GBP side, last week we got the UK CPI report with the data coming in higher than expected. Moreover, the BoE’s members sounded a bit less dovish recently. This has strengthened the probabilities for no change at th

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