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May 6, 2025

GBP/USD Faces Resistance; Analyzing the Nine-Day EMA

The GBP/USD pair is trying to hold its ground after recent gains, currently trading near 1.3300 during the Asian trading hours on Tuesday. A technical analysis reveals a neutral short-term price momentum, notably as the currency pair hovers around the nine-day Exponential Moving Average. Traders are poised for any signs of movement in either direction.

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