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February 13, 2025

GBP/JPY Gains Continue Following Strong UK GDP Data Despite Resistance

The GBP/JPY currency pair has experienced a solid recovery this week, climbing from the vicinity of the 187.00 level, the lowest since September 2024. As

February 13, 2025

Gold Soars Near $2,920 as PPI Data is Anticipated Amid

Gold prices approach the $2,920 mark as anxieties surrounding falling Treasury yields and tariff implications drive safe-haven demand. Investors eagerly await the upcoming Producer Price

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February 13, 2025

GBP/USD Slides Following US Consumer Price Index Release

Currently, the GBP/USD exchange rate is trading at around $1.2381, reflecting a decline of approximately 0.6% since the opening levels on Wednesday. Following the latest

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February 13, 2025

US Inflation Data Causes Pound Drop Amid Concerns Over Trade

Recent US developments significantly impacted the market, with stronger-than-expected inflation data leading to notable Pound losses. The market remains on alert due to worries regarding

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February 13, 2025

Bank of America Predicts GBP Will Strengthen to $1.38 by

Bank of America (BoA) predicts that the GBP/USD exchange rate will likely consolidate around 1.2450 after encountering selling pressures above the 1.2500 mark. On a

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February 13, 2025

GBP/CAD Rate Rises as Concerns Over US Metal Tariffs Loom

Currently, the GBP/CAD exchange rate stands at CA$1.7796, reflecting a modest increase of about 0.2% since the start of the trading week. This uptick in

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February 13, 2025

Goldman Sachs Predicts Sterling Gains against Euro to Reach 1.2350

In its latest forecast, Goldman Sachs projects a 12-month expectation for the Pound to Euro rate at 1.2350. Despite some concerns about global financial conditions

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February 13, 2025

Euro Faces Major Resistance at 1.0450 as Analysts Predict Range-Bound

The Euro (EUR) is poised to challenge the 1.0430 level, yet analysts caution that breaking past the significant resistance at 1.0450 appears unlikely. According to

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