GBP/USD remains stable in a narrow trading range around 1.3375 after testing an intra-day high of 1.3446 yesterday. This consolidation suggests a cautious market as traders digest recent economic data and assess the outlook for both the British pound and US dollar.
The currency pair's movement reflects broader market sentiment influenced by geopolitical factors and economic indicators. While the exchange rate has held above key support levels, the recent test of 1.3446 indicates potential resistance ahead. Traders will be closely monitoring upcoming data releases that could impact the volatility of GBP/USD.
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Data Source: FX Killer Analysis Team Updated: 2025-12-19 12:40
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.