GBP/USD faces the next hurdle at 1.2580 – UOB

GBP/USD could extend the rebound to the 1.2580 zone in the near term, note UOB Group’s Markets Strategist Quek Ser Leang and Economist Lee Sue Ann.
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USD/CNY to fall below 7.00 in the latter part of 2024 – Commerzbank

The Yuan has been under pressure amid China’s weak economic outlook.
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