The GBP/USD pair has dropped below the 1.2900 level following the release of strong US data. The US dollar has strengthened against the British pound as a result. The pair is currently trading lower as investors react to the positive economic data coming out of the United States. This drop in the GBP/USD pair is a reflection of the market sentiment towards the two currencies. Traders are keeping a close eye on further developments that may impact the exchange rate between the British pound and the US dollar.
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