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June 9, 2025

GBP/USD Shows Modest Gains Around 1.3530, Market Lacks Conviction

The GBP/USD pair has seen a slight uptick during the Asian session, trading in the range of 1.3530 to 1.3535. However, this increase remains tentative as it stalls from its previous high of 1.3615, reached last week. The market reflects uncertainty as traders assess the pound’s next moves. Current trading conditions highlight the need for further bullish conviction for sustained gains. Keeping track of economic outcomes and sentiment will be essential in navigating this market landscape.

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