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12 Oct 2026 · 08:24 GMT+3

GBP/USD Price Forecast: Edges higher near 1.3250, but technical tone stays bearish below 100-day SMA

The GBP/USD pair trades in positive territory around 1.3240 during the early European trading hours on Monday. The US Dollar (USD) softens against the British Pound (GBP) as markets continue to assess the US Federal Reserve (Fed) rate hike path.

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