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The bulls have woken the sleeping GBP/USD. Since mid-December 2023, the GBP/USD weekly chart has seen sideways trading activity. The past five trading days have seen a 1.55% increase in value, adding to a year-to-date .94% increase. The question becomes, will the rally continue? As the UK’s fiscal first quarter begins in April, a seasonal pattern of higher prices has occurred. Source: Barchart Technicals For this article, I’ll reference the British Pound currency futures. A high correlation exists between the futures and the GBP/USD spot forex pair. Both assets’ charts move in the same directi…

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