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Posted by
Two Blokes May 14 -
Filed in
Forex
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5 views
GBP/USD is trading around 1.3300 during Wednesday's Asian session, stabilizing after posting over 1% gains in the previous session. However, the pair's upside may be capped as the British Pound (GBP) faces headwinds from cooling employment and moderating wage growth in the UK, factors that could reinforce expectations for further interest rate cuts by the Bank of England (BoE).
