GBP/USD Forecast. Dollar Remains Under Strong Pressure

rub-l12GBP/USD Pulls Back From Recent Highs

GBP/USD is mostly flat after the release of UK Construction PMI report, which showed that UK Construction PMI decreased from 48.1 in January to 44.6 in February.

A move below the 1.2850 level will push GBP/USD towards the support level at 1.2810 – 1.2830.

GBP/USD

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