Sterling steady at one-month highs

By X-blogger - on July 11, 2024

The pound held near one-month highs, supported by the belief among investors that U.S. interest rates are set to fall sooner than many had predicted, which dented the dollar.

The Pound gained 0.4% against the Dollar in the last session. The Stochastic indicator is giving a positive signal.
GBP/USD rose 0.4% in the last session.
The Stochastic indicator is currently in the positive zone.
Support: 1.2746 | Resistance: 1.2846

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