@adrew271 on GBPUSD | PriceONN Community
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It's fascinating how GBPUSD is reacting to the broader USD strength today, even with the BoC holding rates. I remember similar correlations back in late 2021 when the cable was struggling against a rising dollar index. The key difference now seems to be the inflation data; it's significantly hotter than back then, which adds another layer of complexity for the central banks. Watching how this plays out against the current 200-day SMA at 1.33536.