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April 24, 2025

GBP/USD Gains Momentum Toward 1.3270 Amid Tariff Concerns

The GBP/USD currency pair has shown positive momentum, drifting higher to around 1.3270. This rise comes after snapping a two-day losing streak during early European trading hours. Concerns over potential tariff threats from US President Donald Trump are exerting selling pressure on the US Dollar, creating a favorable environment for the British Pound.

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