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Back Technical analysis
GBP/USD. Smart Money. What was the market really afraid of in recent weeks?
The GBP/USD pair reversed in an
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The GBP/USD pair reversed in an imbalance zone (without a numerical label) and resumed its decline without a specific target. Last week, another bearish imbalance was formed, which may trigger a price reaction and a new sell signal as early as today. A similar pattern is present in EUR/USD, so it is still too early to talk about the end of the bearish phase. On the contrary, bullish positions are very weak. To expect a new wave of a bullish
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Samir Klishi,
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