Gold Price Forecast: XAU/USD edges lower near $2,400 on US Dollar rebounds

Gold price (XAU/USD) trades in negative territory near $2,405 on Monday during the early Asian session.
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GBP/USD corrects from one-year peak amid modest USD strength, downside seems cushioned

The GBP/USD pair attracts some selling during the Asian session on Monday and for now, seems to have snapped a three-day winning streak to the 1.3000 neighborhood, or its highest level since July 2023.
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