The GBP/USD is cycling in near-term congestion as thin post-holiday markets get set to wrap up the last day of trading in 2023, testing back into intraday median prices just above the 1.2700 handle.
The rise in US Treasury yields and the potential dovish stance of the BoE contributed to GBPUSD and EURGBP pullbacks but did not radically change the balance of power in pairs. Let us discuss the Fore
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