GBP/USD retreats from over one-week high, slides back closer to 1.2400 amid stronger USD

The GBP/USD pair continues with its struggle to move back above the 50-day Simple Moving Average (SMA) and attracts some sellers near the 1.2450 area,
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USD Index keeps the bid tone unchanged above 104.00 ahead of key data

The USD Index (DXY), which gauges the greenback vs. a basket of its main competitors, maintains the bid bias well in place beyond the 104.00 mark on T
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