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The pound's recovery stalled at 1.4250 where sellers tightened their grip and sent the rate back to the 1.4150 support on Thursday.
The pound returned in red figures on Wednesday.
The pound sharply dropped on Wednesday.
The strength of the bullish sentiment remained strong on Tuesday.
The pound failed to hold above the 1.4350 hurdle on Tuesday and erased a portion of its gains.
The sterling caught an upside momentum and moved to 1.4300 on Friday.
A bullish tone prevails in the market. The pound is strong and is ready to post move gains.
The pound ignored the US dollar recovery and continued its upward trajectory on Thursday.
The undertone for GBP is still positive. The pair has been under intense buying pressure since Monday.
