GBP/USD pulled back as traders reacted to U.S. inflation data

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GBP/USD Pulls Back As Traders React To U.S. Inflation Data

GBP/USD pulled back as traders focused on general strength of the American currency.

The nearest support level for GBP/USD is located in the 1.2355 – 1.2370 range. A move below this level will push GBP/USD towards the next support at 1.2250 – 1.2265.

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