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Sep 19 - 01:55 PM

GBP/USD - Rallies Limited, Risks Remain Lower

By Justin Mcqueen  —  Sep 19 - 12:00 PM
  • GBP/USD rallies remain shallow as 200-DMA (1.2434) caps

  • UK CPI will matter more for hikes priced beyond Sept 0#BOEWATCH

  • Compression in BoE/Fed tightening outlook has weighed on GBP/USD

  • COMMENT-Fed dot plots will be the focus for traders nL1N3AR0VR

  • GBP techs continue to lean bearish, risks geared towards a 1.23 test

For more click on FXBUZ

Refinitiv IFR Research/Market Commentary


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