US EditionPound Sterling could extend slide unless risk sentiment improves
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Pound Sterling could extend slide unless risk sentiment improves
GBP/USD trades in negative territory below 1.3550 on Friday. The US Dollar could preserve its strength unless risk flows return to markets. The technical outlook suggests that sellers look to retain control in the near term. After closing marginally lower on Thursday, GBP/USD stays on the back foot and trades below 1.3550 in the European session on Friday. The negative shift seen in risk mood could make it difficult for the pair to stage a rebou…
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