GBPUSD Chart Technical Outlook

GBPUSD Chart Technical Outlook on H4 Time frame: Sterling Climbs Amid Dollar’s Struggle and Anticipation of Fed’s Next Moves.
The GBP/USD pair experienced a modest uplift during the Asian trading session on Monday, reaching a three-day high near the 1.2470 region. Despite this uptick, the pair still trades beneath the critical 100-day SMA near the psychologically significant 1.2500 level, below last week’s two-month high.

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