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Home Forex Pound Sterling retreats from 1.2700 as investors brace for the US CPI release
Forex

Pound Sterling retreats from 1.2700 as investors brace for the US CPI release

April 9, 20241 Mins read50 Views

The Pound has found some supply at levels right above the 1.2700 area before pulling back with investors cutting back short USD positions ahead of the US inflation release.

Previous post GBPUSD rotates back to the 100 day MA. Break higher today runs out of juice.

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