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May 2, 2025

GBP/USD Slides Below 1.3300: Market Factors to Watch

During the Asian trading session, the GBP/USD pair has dipped to approximately 1.3275. This movement occurs amid positive news regarding US-China trade talks, which have bolstered the US Dollar.

This development signals a complex interplay of factors affecting currency pairs. While trade talks can lead to fluctuations in the dollar’s strength, investor sentiment is highly responsive to ongoing economic updates. As such, todayโ€™s trading may indicate a cautious sentiment in GBP, with potential headwinds persisting.

Monitoring economic indicators and geopolitical shifts will help traders position themselves more effectively in these currencies. Additionally, awareness of upcoming US manufacturing and employment reports could further influence GBP/USD’s trajectory.

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