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US Dollar Dips on Govt Shutdown Woes: GBP and EUR Await Key Moves

US dollar slides as US government shutdown drags on, fueling uncertainty and risk aversion. GBP/USD gains ground supported by Bank of England’s hawkish stance, while EUR/USD recovers amid ECB policy signals despite eurozone growth concerns. Key levels and technical outlook suggest continued volatility ahead. #Forex #USD #GBPUSD #EURUSD

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US Dollar Slides on Shutdown Woes: GBP/USD and EUR/USD Outlook Turning Bullish

US Dollar weakens as the US government shutdown extends, fueling uncertainty and market volatility. GBP/USD rebounds on UK economic resilience and hawkish BoE hints, eyeing key resistance at 1.2850. EUR/USD gains ground amid improved Eurozone sentiment, targeting 1.0900-1.1000 levels. Investors remain cautious as economic data delays and policy risks linger. #Forex #USD #GBPUSD #EURUSD

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**GBP/USD at a Crossroads: Critical Support Under Siege Amid Rising Risks** *Based on Economies.com Analysis, October 22, 2025* *(Credit: Economies.com)*

GBP/USD is testing a critical support near 1.2080 amid ongoing bearish momentum. Technical indicators suggest a breakdown could trigger further declines toward 1.1980, while a hold might spark a short-lived rebound. Traders should monitor volumes and key resistance zones closely.
(Credit: Economies.com, Oct 22, 2025)

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