GBP/USD fails to take out 200-DMA and retreats

A sudden rally in GBP/USD lost steam near the 200-DMA upside barrier with the major retracing slightly, as markets continue to digest the latest news from global central banks.
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Germany IFO - Business Climate came in at 108.2, above forecasts (107.8) in October

Germany IFO - Business Climate came in at 108.2, above forecasts (107.8) in October
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