GBP/USD Price Analysis: Dollar Softens Ahead of Nonfarm Payrolls

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<p>Data revealing the sharpest drop in UK construction activity since 2020. The Bank of England is nearing the end of its tightening cycle. Recent strength in the US economy has put pressure on the pound. The GBP/USD price analysis is optimistic as the pound rose slightly as the dollar weakened ahead of the US nonfarm…</p>
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