GBPUSD Gives Up Some Ground ahead of UK PM’s Press Conference

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GBPUSD Gives Up Some Ground ahead of UK PM's Press Conference

GBPUSD shifted to the sidelines after Thursday's quick advance halted marginally near the 200-period simple moving average (SMA) at 1.1300 as it did earlier this month. The stochastics have exited the overbought territory, while the RSI, although above 50, has a negative slope, both reflecting a weakening market sentiment as investors await more details on […]

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