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April 22, 2025

GBP/USD Climbs Above 1.3350 Amid Concerns Over Fed Independence

The GBP/USD pair finds itself in a positive trend, trading around 1.3370 in early Asian trading on Tuesday. Concerns surrounding a potential slowdown in the U.S. economy, coupled with fears regarding the independence of the Federal Reserve, have led to a weakened US Dollar (USD), providing support for the GBP/USD exchange rate.

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