<p>In 2022, the stock market took a hit and the US Dollar gained strength due to higher yields in the US. Toward the end of that year, as yields eased off, the US Dollar lost some of its power,
GBP/USD trades near 1.2520 after retreating from the 11-week high GBP/USD breaks a three-day winning streak after dropping from the 11-week high at 1.2559 due to the rise in the US dollar (USD).
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