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May 19, 2025

Pound Sterling Gains Ground Against US Dollar After Moody’s Downgrade

The Pound Sterling (GBP) has regained its footing against the US Dollar (USD). This comes as the GBP/USD pair showed significant price movement within a 150-pip range over the week. After a rocky start, the pair found stability as the USD lost steam in the latter part of the week. Sentiment around the US-China trade truce seems to be fading, impacting the USD negatively.

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