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Posted by
Two Blokes May 13 -
Filed in
Forex
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GBP/USD fell on Monday, tumbling a little over one percent and pushing the pair back down below the 1.3200 handle after a broad-based recovery in Greenback bidding. The United States (US) and China mutually agreed to temporarily suspend steep triple-digit tariffs during preliminary trade talks over the weekend, and markets have some room to breathe before the US's bizarre “reciprocal” tariff schedule is set to come back into effect in 90 days.