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March 13, 2025

GBP/USD Breaks Above 1.2800: What Lies Ahead for the Bullish Rally?

The British Pound successfully formed a base, igniting a fresh increase above 1.2800 against the US Dollar. GBP/USD broke through the important 1.2850 resistance, entering a positive zone. As this rally has gained traction, it piques the interest of traders. Moving forward, observers must be aware of critical resistance levels and potential impacts from geopolitical and economic factors. Monitoring these trends provides valuable insights for informed trading decisions. Be prepared to adjust strategies according to evolving market conditions, which will impact currency pairs significantly.

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