GBP/USD Holds Steady Above 1.2700 Amidst Soft Dollar Conditions
The GBP/USD currency pair maintained a slight positive bias, trading just above the 1.2700 level during the Asian session on Thursday. For three consecutive days, it has shown resilience against the backdrop of a subdued dollar. However, the bullish sentiment lacks strong conviction, remaining below the week’s high achieved earlier. Traders should watch for potential catalysts that could influence the pair’s movements in the near future.
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