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May 1, 2025

GBP/USD Stabilizes Ahead of Key US Economic Data

GBP/USD showed signs of recovery, bouncing back above 1.3300 after dipping toward 1.3270 earlier in the day. However, the pair’s technical outlook remains cautious as investors await significant macroeconomic data releases from the US. This wait-and-see approach highlights the uncertainty enveloping the market. Stakeholders should stay vigilant as market reactions to economic data releases may create volatility in the GBP/USD pair. The implications of these data could steer future directional trading movements significantly.

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