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GBPUSD Weakened amid Poor Sentiment

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GBP/USD pair experienced a weakening of the position of the highest three weeks amid a strengthening of the dollar against other global currencies and current support level was at 1.33. Current sentiment in the market that will influence the movement of this pair is still minimal.

Currently, the GBP/USD traded lower-0.22% at 1.3327. This decline continued weakening of the way up from 1.3360 1.3300 level and test over sentiment affecting the movement of this pair is still minimal, in response to the weakening Asian stock exchange in early trading Wednesday.

Furthermore, a minor rally occurred in the U.S. dollar against other major world currencies, so that adds to the pressure on the pair GBP/USD.


This post first appeared on Ibejournal.cf, please read the originial post: here

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GBPUSD Weakened amid Poor Sentiment

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