GBPUSD Set to Test 1.2375 Amid Positive Market Sentiment
Pound Sterling (GBP) prepares to test the 1.2375 resistance level with analysts from UOB Group suggesting that the higher mark of 1.2410 is less likely to be approached. This positive outlook indicates potential for an upward motion, which traders should watch closely. GBP’s strength could signify market confidence, especially as fluctuations are expected in the coming sessions. Keeping an eye on economic releases will enhance trading strategies around this currency pair.
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