The Pound Sterling trades inside Wednesday’s range around 1.2800 as investors seek fresh economic triggers for further action. The 20-day Exponential Moving Average (EMA) near 1.2730 continues to slope higher, indicating a moderate near-term demand. The 1.2700 round-level support would be a strong cushion for the Pound Sterling bulls.
The 14-period Relative Strength Index (RSI) oscillates in the 60.00-80.00 range, indicating that strong bullish momentum persists
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