ONTRADE Forex

GBP/USD Forecast: Pound Sterling closes in on key support area ahead of US CPI

GBP/USD Forecast: Pound Sterling closes in on key support area ahead of US CPI
After closing the day virtually unchanged on Wednesday, GBP/USD stays on the back foot early Thursday and trades in negative territory at around 1.3500. The pair faces a critical support level at 1.3470 as investors refrain from taking large positions ahead of August inflation data from the US.

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