GBP/USD pauses after sell-off on Middle East crisis inspired USD haven demand

GBP/USD stalls and seesaws between tepid gains and losses in the 1.3280s on Wednesday after falling a whole cent on the previous day, when the US Dollar (USD) strengthened as a result of a rise in safe-haven flows due to an escalation of the conflict in the Middle East.
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USD/CNH: Downward momentum is beginning to slow – UOB Group

The US Dollar (USD) is likely to trade in a 7.0010/7.0350 range.
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