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Apr 23, 2025
Pound Sterling retraces against US Dollar as fears of global trade war, Powell’s removal diminish
The Pound Sterling (GBP) recovers some of its initial losses against the US Dollar (USD) in Wednesday’s European session, still trading lower in the day around 1.3300. The GBP/USD pair pares some intraday losses as the US Dollar (USD) retraces after a sharp upside move on Wednesday.
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