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GBP/USD Price Forecast: Holds steady above 1.3400, retains constructive tone above key support

FXStreetUnited Kingdom

GBP/USD Price Forecast: Holds steady above 1.3400, retains constructive tone above key support

The GBP/USD pair trades on a flat note near 1.3405 during the early European trading hours on Tuesday. Traders prefer to wait on the sidelines ahead of the key events later this week, including the US midterm elections, the Bank of England (BoE) interest rate decision and US September jobs data.

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