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GBP/USD STAYS FIRM AGAINST US DOLLAR ON QUIETER MARKET CONDITIONS

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  • GBP/USD edges up to 1.2632, navigating through thin liquidity and a light economic calendar on both sides of the Atlantic.
  • US Durable Goods Orders exceed expectations, while consumer concerns over inflation temper consumer confidence.
  • Market focus on Fed Governor Waller's upcoming speech and core PCE inflation data for potential rate cut insights.

The Pound Sterling clings to gains of 0.05% against the US Dollar after hitting a daily low of 1.2605. Thin liquidity conditions prevail in the financial markets amid a shortened week in observance of Good Friday. At the time of writing, the GBP/USD trades at 1.2632.



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