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GBP/USD – Smart Money Analysis: Pound Recovers After Recent Decline
The GBP/USD pair spent four full
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The GBP/USD pair spent four full days in decline. As a result of this drop, bears reached the support zone of imbalance 18, which is a bullish pattern. Thus, if no new negative developments for the pound emerge this week, the bearish attack may end here. I would like to remind that last week there were enough reasons for selling the pound, but I still believe bears extracted the maximum possible move. In addition to the renewed escalation in relations
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Samir Klishi,
Analytical expert of InstaForex
© 2007-2026
Summary
Urgency
Analytic
Grigory Sokolov
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