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June 9, 2025

GBP/USD Outlook: Uptrend Continues Above Support Levels

The GBP/USD pair remains resilient, holding trades above the significant support level of 1.3490. This stability has allowed the market to advance towards the target of 1.3595 and beyond. The positive momentum continues as traders see this pair pushing upwards, with the next target sitting at 1.3735. However, if the rate dips below 1.3490, a drop may occur, retesting this critical support. Market participants should each closely monitor these levels, as they will guide trading strategies for the coming sessions. As the market fluctuates, staying informed will be essential for capitalizing on the upcoming movements in GBP/USD.

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