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Back Technical analysis
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Back Technical analysis
GBP/USD. March 12. Inflation in the US is Stable
On the hourly chart, the GBP/USD
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On the hourly chart, the GBP/USD pair on Wednesday rebounded from the resistance level of 1.3437–1.3465, reversed in favor of the U.S. dollar, and began a decline toward the 1.3341–1.3352 support level. A rebound from this zone would favor the British pound and a return to the 1.3437–1.3465 level. Consolidation below 1.3341–1.3352 would increase the likelihood of further decline toward the next support level at 1.3199–1.3214. The wave structure continues to shift toward a bullish outlook. The latest completed
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Samir Klishi,
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© 2007-2026
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