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British Pound: Recovery extends toward range highs – Societe Generale

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British Pound: Recovery extends toward range highs – Societe Generale

Societe Generale strategists highlight that GBP/USD has rebounded from the lower boundary of its multi‑month range and reclaimed its 200‑DMA, suggesting scope for further recovery. The bank sees resistance near 1.3555/1.3600 and 1.3660, with first support at the 200‑DMA around 1.3420.

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