GBP/USD Running Out of Steam as 1.40 Falls in Sight, Focus on US PCE

  • GBP/USD stuck just below 1.40 but bullish momentum holds
  • US PCE data is widely anticipated as price pressures start to subside elsewhere

GBP/USD is trading just shy of the 1.40 mark for the first time in 5 weeks as a less hawkish Fed withdrew some support…

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