Pound Retreats After Stalling at Resistance, Uptrend Still Intact

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The British Pound (GBP) retreated against the US Dollar (USD) on Thursday after failing to break above key resistance levels. Despite this pullback, the overall uptrend for GBP/USD remains in play. Reasons for the Pullback: Technical Outlook: The GBP/USD price action is consolidating after encountering resistance. A break above 1.2709 could signal further upside, while […]