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December 9, 2024

GBP/USD December Outlook: Will Sterling Defy Seasonal Trends?

GBP/USD has been trading at approximately $1.2731, reflecting a minor decline of 0.2% from last week’s opening levels. As the US dollar surged due to Donald Trump’s tariff threats and positive ISM manufacturing PMI data, market dynamics have shifted. This December, investors will be watching closely to see if Sterling can defy usual seasonal trends amidst fluctuating market sentiments. Be prepared for potential shifts as the month continues.

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