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GBP/USD falls to one-month low as dollar pares light losses

We are seeing some light moves to start the session with equities leaning towards the softer side again and that is helping to see the dollar cut its small losses from earlier in the day. Of note, GBP/USD is down 0.2% to 1.1990 levels as the pair drops below 1.2000 for the first time since 6 January.

The retreat builds on the rejection at the December highs at 1.2443-46 as sellers now look to push price towards the... Read More

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Content Topics

Gbp

Usd

Falls

One

Month

Dollar

Pares

Light

Losses

Gbp usd

One month

Forex

Posted: Feb 7 2023, 08:14

Author Name: forexlive

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