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Editors’ Picks

GBP/USD consolidates below 1.2950, with Fed-BoE meetings on tap

GBP/USD consolidates below 1.2950, with Fed-BoE meetings on tap

GBP/USD remains sidelined below 1.2950 in the European trading hours on Monday. The pair lacks a clear directional bias as the risk mood turns cautious amid looming concerns over a trade war and Middle East conflict. The focus shifts to the US Retail Sales data ahead of this week’s BoE and Fed event risks. 

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