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February 20, 2025

GBP/USD Holds Steady Above 1.2600; Anticipation Builds for Next Breakout

The GBP/USD currency pair remains stable, trading slightly above 1.2600 during the European session. Despite posting marginal losses on Wednesday, the pair shows resilience as traders weigh their options. The lack of selling pressure in the near term suggests that the market may be awaiting key economic indicators or updates that could signal the next breakout. Analysts are closely monitoring market behavior to provide insights on potential price movements in the coming days. As currency volatility continues in reaction to broader economic trends, traders need to be prepared for rapid changes. How will GBP/USD respond as the market shifts?

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