GBP/USD rose to 1.3450 on Wednesday. Expectations of de-escalation in the Middle East supported the pound, as lower oil prices reduced inflationary risks for the British economy, which is heavily dependent on energy imports. Despite this localised strengthening, investors continue to monitor the development of the conflict between the United States, Israel and Iran closely. […]
The post GBP/USD Managed to Rise, but Pressure Factors Remain in Place appeared first on ActionForex.
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