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GBP/USD technical analysis: key levels to watch
The GBP/USD faces a final test this week before the focus shifts to the festive period. Some of the top-tier data still left for the remainder of 2023 will be from both the UK and US, making the GBP/USD a key pair to watch from both the macro and technical fronts. So far, efforts by Fed speakers pushing back against rate cut expectations have proven futile, with the dollar easing across the board and yields have continued to fall. But the market has taken the BoE a bit more seriously, which has kept the pound supported, for now. Before we delve deeper into the macroeconomics and data, let’s quickly look at the ... (full story)