The GBP/USD currency pair has resumed its upward momentum, extending gains from a clearly defined bullish double bottom at the $1.3375 level. In a market heavily influenced by macroeconomic sentiment and technical patterns, the current landscape shows both fundamental and technical alignment favoring the bulls. This article by the brokers from Arbitics explores the technical setup, macroeconomic influences, and price action cues that traders should watch as the British Pound gains traction against the US Dollar. GBP/USD Analysis: Weakening Dollar, Stronger Pound The US Dollar (USD) has resumed its long-term bearish trajectory, which had paused briefly in late June due...
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