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Trading Recommendations and Analysis of GBP/USD on April 16. The Pound is Ready for Another Surge
Analysis of GBP/USD 5M
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Analysis of GBP/USD 5M The GBP/USD currency pair minimally corrected towards the nearest support area on Wednesday. There were no significant macroeconomic or fundamental events throughout the day, and no geopolitical news was reported. Andrew Bailey's speech took place late in the evening and could not influence trading during the day. As a result, the market found no reason to buy or sell. The rebound from the 1.3533-1.3548 area raises the likelihood of continued growth on Thursday
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Paolo Greco,
Analytical expert of InstaForex
© 2007-2026
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Stanislav Polyanskiy
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