The Pound Sterling Price News and Forecast reports a drop in GBP/USD due to risk-aversion, with sellers setting their sights on the 1.2600 mark. The current market trend shows a decrease in the value of the British pound against the US dollar as investors opt for safer assets amidst uncertain economic conditions. Traders are closely watching the GBP/USD pair as it approaches the key support level of 1.2600, which could potentially trigger further selling pressure. Stay updated on the latest developments in the forex market to make informed trading decisions.
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