GBP/USD attempts another rebound, but technical ceiling remains
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The GBP/USD currency pair is attempting to recover, trading above 1.2900 but still struggling to reach the 1.3000 mark. UK Prime Minister Kier Starmer criticized US trade policies, while upcoming economic data including UK GDP and US PCE inflation could influence the currency's movement.
March 27, 2025 | 11:15 pm
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NEUTRAL IMPACT
The Invesco CurrencyShares British Pound Sterling Trust may experience price fluctuations due to ongoing trade policy discussions and upcoming economic data releases.
The ETF tracks the British Pound's performance, which is directly impacted by the economic and trade policy developments mentioned in the article.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 70