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GBP/USD Technical Analysis, Nov 10, 2021


Nancy parez

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Investors bought the British pound again, and the GBP/USD moved towards the 1.3607 resistance level yesterday before settling around 1.3550 as of this writing. Sterling's move in the Forex market came as rapid re-quotes of future interest rate hikes in the Bank of England are nearing completion and current exchange rates are more in line with expectations of a rate hike in February.

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