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Back Technical analysis
GBP/USD. Smart Money. Does the Dollar Have Strength?
The GBP/USD pair has fully filled
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The GBP/USD pair has fully filled the latest bullish imbalance, receiving a reaction from its lower boundary. Thus, a bullish signal has also formed on the pound, as I expected. Most importantly, buy signals formed almost simultaneously for both the pound and the euro. This significantly increases the likelihood of further growth in both currency pairs. However, bullish traders were hit from an unexpected direction. Let me remind you that U.S. labor market data began to be released last
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Samir Klishi,
Analytical expert of InstaForex
© 2007-2026
Summary
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Grigory Sokolov
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