Hey Traders, in today's trading session we are monitoring GBPUSD for a selling opportunity around 1.30900 zone, GBPUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.30900 support and resistance area. Trade safe, Joe.
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BoE to cut bank rates by 25bps one more time this year, Reuters.
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Goldman sachs sees a 25bps cut from fed the coming week!
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