GBP/USD sticks to modest gains around mid-1.3100s, below weekly top set on Wednesday
GBP/USD bounced but remains trapped within near-term congestion
![](https://editorial.fxstreet.com/miscelaneous/GBP_USD-638610849333689601.png)
GBP/USD Price Forecast: Rises as US data fuels rate cut speculation
![](https://editorial.fxstreet.com/miscelaneous/image-638610580713891533.png)
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EUR/USD stays defensive below 1.1100 ahead of key US data
EUR/USD is trading on the back foot below 1.1100 in the European morning on Thursday. The pair struggles amid cautious markets even as the US Dollar maintains its bearish streak heading into the key US labor market data.
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GBP/USD sticks to modest gains near 1.3150, US data eyed
GBP/USD trades with a slight positive bias near 1.3150 in European trading on Thursday, albeit it lacks strong follow-through buying, as traders turn cautious ahead of the top-tier US jobs data. Broad US Dollar weakness helps the pair stay afloat.
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