GBP/USD technical analysis: 50-HMA offers intermediate halt inside 25-pip range

Having failed to clear 1.2570, the GBP/USD pair rests on 50-HMA near 1.2555 while heading into the UK open on Wednesday.
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Germany Producer Price Index (YoY) registered at 1.9%, below expectations (2.1%) in May

Germany Producer Price Index (YoY) registered at 1.9%, below expectations (2.1%) in May
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