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GBP Sees Solid Buying Interest Through Early Europe

GBP
  • GBP/USD inching higher through early Europe, putting the pair at the best levels of the session at 1.1875. No headlines crossing to trigger the move, with markets continuing to pare back the post-Powell losses on Tuesday.
  • The 200-dma is next up for the pair at 1.1903, while added weight goes through EUR/GBP to put the cross through yesterday's lows and within range of 0.8857, the Mar7 low.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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