The Pound Sterling received a boost from the soft US Non-Farm Payrolls (NFP) data in the latest forecast for the GBP/USD currency pair. The weaker-than-expected NFP numbers provided some support for the British currency against the US dollar. This development indicates that the Pound may have some strength in the near future in comparison to the US dollar. Traders will be closely monitoring the impact of the NFP data on the GBP/USD exchange rate in the coming days.
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