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Key Highlights GBP/USD failed to surpass 1.2700 and declined heavily. It traded below a key bullish trend line with support at 1.2630 on the 4-hour chart. The US CPI increased by 3.5% in March 2024 (YoY), whereas the market expectation was 3.4%. The US Initial Jobless Claims could decline to 215K from 221K. GBP/USD Technical […]

The post GBP/USD Dives Below Support, US CPI Increased 3.5% appeared first on Action Forex.

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