GBP/USD technical analysis: Overbought RSI favors a pullback from 2-month high

Overbought conditions of 14-bar relative strength index (RSI) creates doubts on the GBP/USD’s further advances as it trades near 1.2555 during early Friday.
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Germany Producer Price Index (MoM) below forecasts (-0.2%) in August: Actual (-0.5%)

Germany Producer Price Index (MoM) below forecasts (-0.2%) in August: Actual (-0.5%)
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