GBP/USD Buyers Eye Break Above 1.2600 Hurdle
The Pound Sterling faced challenges on Tuesday, failing to break through the 1.2600 mark during European trading hours. As a result, GBP/USD lost momentum and closed flat for the day. However, attention is once again focused on this key level as the pair inches closer to it in Wednesday’s European session. Investors anticipate significant US data releases that may impact this struggling currency pair ahead of the Thanksgiving holiday. Clearing the 1.2600 threshold could signal renewed bullish activity among buyers. Stay tuned for updates.
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