GBPUSD plunged to a new almost two-month low of 1.2517 on Monday’s session, falling beneath the short-term trading range and the 200-day simple moving average (SMA).
The dollar remained well-bid overnight with rises of 0.6% against the New Zealand kiwi, o.5% relative to the Australian dollar, 0.8% versus the Russian ruble, 0.3% against the Swiss franc, 0.2% versus
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