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British Pound (GBP) Price Outlook: GBP/USD Sliding Towards Support as UK GDP Disappoints

GBP PRICE, NEWS AND ANALYSIS: GBP/USD is edging closer to a support line connecting the lower lows in place on the daily chart since late May. It has not been helped by either a stronger US Dollar after yesterday’s hot US inflation numbers or by a mixed bag of UK GDP data released earlier in this session.   GBP/USD WEAKENING GBP/USD is edging lower towards support from the downward sloping channel that checks in currently around 1.3315. If that should break, the pair

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