GBP/USD Trading Higher as Investors Turn Attention to US Inflation Data
Thursday, 29 February 2024, 05:24
GBP/USD Trading Update
The GBP/USD pair is currently trading with modest gains above the mid-1.2600s as investors anticipate the release of key economic data.
Market Sentiment
Investors are closely watching the pair's movement following a rebound from the weekly low, indicating potential buying interest.
- Follow-through buying seen during the Asian session on Thursday
Trading Opportunities
GBP/USD presents potential trading opportunities as market participants await the US inflation data, influencing market direction and strategy.
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