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Posted inForex

GBP/USD Surrenders the 1.2000 Level as the Dollar Index Roars to Life

Posted by By 03/01/2023

GBP/USD starts the new year on the back foot with UK PMI hinting at a tough Q1 for the UK economy. Further downside in store for cable?

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EUR/USD IG Client Sentiment: Our data shows traders are now net-long EUR/USD for the first time since Nov 10, 2022 when EUR/USD traded near 1.02.
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