GBP/USD Forecast. Dollar Gains Ground As Traders React To PMI Reports

gbp_usd_forexGBP/USD Attempts To Settle Below The 50 MA

GBP/USD attempts to settle below the 50 MA at 1.3260 as traders react to the weak UK Services PMI report, which showed that Services PMI decreased from 52.5 to 48.9.

If GBP/USD manages to settle below the 50 MA, it will head towards the next support level, which is located in the 1.3180 – 1.3200 range.

GBP/USD 240425 4h ChartGBP/USD

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