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GBP/USD bulls have been sent onto the backfoot as greenback spikes

1 month ago   |   By FXCM

GBP/USD spiked but fell back to the start again and sits steady into closing hours on wall Street.
Brexit, covid and BoE risks are at the forefront of GBP/USD's trajectory.
US dollar catches a bid as investors weigh the outlook of central banks.
At the time of writing, GBP/USD is flat on the day following a spike to the upside that was met with fierce resistance, sending it all the way back to the start again. GBP/USD is set at 1.3767 after travelling between a low of 1.3757 and a high of 1.3829. Meanwhile, the US dollar has rallied and tested the 94 figures as measured by the DXY...
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