GBPUSD Watching 1.2500 Support

<p>The British pound is starting to weaken against the US dollar, as traders anticipate bearish commentary from the Bank of England later today. A loss of the 1.2500 support level could start a bearish breakdown towards the 1.2330 level over the medium-term. To the upside, gains towards the 1.2710 area remain possible if the bulls […]</p>
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