• September 29, 2023
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GBP/USD Price Forecast: Pound Rallies on Positive UK GDP Report

GBP prices strengthened against the USD on the back of UK GDP numbers as well as dovish Fed talk which left the US dollar trading lower this morning.

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EUR/GBP IG Client Sentiment: Our data shows traders are now net-long EUR/GBP for the first time since Sep 21, 2023 10:00 GMT when EUR/GBP traded near 0.87.

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