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April 23, 2025

GBP USD Faces Weakness as USD Gains from Trump’s Optimism

GBP USD continues its downward trajectory during Wednesday’s Asian session, trading around 1.3300. After reaching a seven-month high of 1.3424, the pair faced a setback. The shift in investor sentiment back towards US assets, particularly the US Dollar, is largely buoyed by President Trump’s optimistic tone. Traders should stay alert to changing dynamics as this could affect trading strategies in the forex market.

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