British Pound Pares Advance as UK Investments Falter, Euro Holds Steady Ahead Of US 2Q GDP

The British Pound fell back from a high of 1.5544 during the European trade as the economic docket reinforced a weakened outlook for future growth, but the GBP/USD appears to have found intraday support ahead of the 200-Day SMA (1.5456) as price action holds above 1.5500.
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