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July 1, 2025

GBPUSD Steadying Near Multi-Year High Amid Weak USD

The GBPUSD pair displays a steady ascent during the Asian session on Tuesday, currently hovering around the 1.3740 area. This position remains just shy of its highest point since October 2021, reached last week. The US Dollar is currently under pressure, which could be strengthening the British Pound. Traders should stay alert as potential shifts in market sentiment can lead to volatility in this currency pair.

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