Sterling firms after 3-day slide against sagging dollar

By X-blogger - on November 26, 2024

Sterling snapped a three-day losing streak, as the dollar’s slide after the selection of fund manager Scott Bessent as U.S. Treasury Secretary lent support to most major currency pairs. GBP slumped to six-month low last week.

The Pound dipped a slight 0.2% against the Dollar in the last session. The Ultimate Oscillator is giving a positive signal.
Support: 1.2468 | Resistance: 1.2684

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