GBP/USD Remains Below 1.2500

<p>Yesterday, the GBP/USD exchange rate consolidated in the 1.2400 area. During Wednesday morning, the rate maintained its consolidation. It is likely that the currency pair could gain support from the 100-hour SMA, as well the monthly PP and the Fibo 50.00% near 1.2345 and trade upwards in the short run. Note that the pair would [&#8230;]</p>
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