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GBP/USD yet to reclaim 1.3200 again
Yesterday the Pound did manage to make a little more progress versus the ailing dollar and that saw the GBP/USD push above 1.3175 after the US ADP data disappointed. The Pound later closed in the US at 1.3180. It has edged a little higher so far today, but once again that 1.3200 level remains elusive for the time being. The high seen so far this morning has been set at 1.3193 and it seems that the market is not yet prepared to take the chance; that the US jobs report might not be that bad. Of course if it is, then the Pound should be able to take out the 1.32 handle later today. There will be more to add on that as little later this morning. Meantime, the GBP/USD is currently trading at 1.3179
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