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March 21, 2025

GBP/USD Struggles, Fails to Maintain Strength Above 1.3000 Level

The GBP/USD currency pair has encountered difficulties holding above the psychological threshold of 1.3000, marking its peak since early 2025. This decline coincides with recent decisions from central banks, as both the Bank of England and the Federal Reserve opted to keep interest rates steady. Traders are now reassessing future moves in the face of this economic stance. With market sentiment impacted by these decisions, close observation of both currency movements and market responses will be paramount moving forward. The GBP/USD pairโ€™s trajectory may be heavily influenced by upcoming economic reports and geopolitical developments.

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