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Gbpusd signal

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GBP/USD holds lower ground below 1.2450 in the early European session on Thursday. Renewed US Dollar buying and a cautious market environment drags the pair lower. Traders refrain from placing big bets on the major ahead of the US Q4 advance GDP data release.


The Relative Strength Index (RSI) indicator on the 4-hour chart holds slightly above 50 but moves sideways, suggesting that the bullish bias remains intact, while lacking momentum.


Gbpusd signal

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