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February 20, 2025

GBP USD Faces Challenges From New Tariff Threats by Trump

GBP USD holds steady after registering losses on the previous two days, currently hovering around 1.2590 during the Asian session on Thursday. Despite this steadiness, the pair faces substantial pressure from emerging concerns over tariff threats from President Donald Trump. Such external pressures lend support to the US Dollar, creating uncertainty for the GBP USD trajectory. Traders are closely monitoring developments as they could dictate future movements in this currency pair, fueling discussions and strategies in the forex market.

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