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GBP/USD saw a bounce despite weak UK PMI data, attributed to US Dollar weakness. The Bank of England may consider interest rate cuts due to slowing inflation, potentially weakening the Pound Sterling. GBP/USD technical analysis shows potential for a bullish bounce, but a break below the trendline could lead to a larger correction. Cable has […]

The post GBP/USD Technical: Bounce off Key Confluence Level Post PMI, Further Gains in Store? appeared first on Action Forex.

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