GBP/USD Starts Corrective Decrease Ahead of UK’s GDP Report

<p>Key Highlights GBP/USD started a strong increase above 1.2550 and climbed towards 1.2670. It is correcting lower and recently traded below a bullish trend line at 1.2620 on the 4-hours chart. The US Consumer Price Index could increase 0.6% in June 2020 (YoY). The UK GDP is likely to grow 5% in May 2020 (MoM), […]</p>
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