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May 27, 2025

GBP/USD Trades Steady Amid Resistance and Support Levels

Currently, the GBP/USD has managed to stay above the support zone of 1.3315-30 while climbing towards 1.3593 yesterday. However, resistance remains evident around the 1.3635-45 mark, while support at 1.3440-70 may create a trading channel. Market players should keep these levels in mind as they continue to navigate volatility in this currency pair. Adapting to market movements will be essential as the UK and US economic data unfold, potentially influencing major currency trends going forward.

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