TODAY'S MARKET INTELLIGENCE
GBP/USD Extends Oversold Rebound, Hits Two-Week High
English summary
GBP/USD traded near 1.3310 in Friday's Asian session, caught between USD strength and GBP fundamental resilience with no clear breakout momentum. US PPI data boosted the dollar, while UK GDP recovery and rate hike expectations supported sterling, indicating a range-bound technical pattern.
The English text is machine translated and may require verification against the Chinese version.
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