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GBP/USD Price Analysis: Remain bearish despite bouncing off weekly lows

The Pound Sterling gathers some steam versus the Greenback, yet it remains trading below the weekly highs of 1.2703 as investors await the US Personal Consumption Expenditure (PCE) Price Index release, along with fears of the upcoming general election in the UK.

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This article was written by Greg Michalowski at www.forexlive.com.