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Back Technical analysis
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Back Technical analysis
GBP/USD: Smart Money — The Pound Risks Losing 100 Points
The GBP/USD pair continues a mild
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The GBP/USD pair continues a mild decline within a corrective pullback that began after liquidity was taken from the February 26 swing and the imbalance 16 was filled. I do not expect a strong drop in GBP/USD unless the Middle East conflict resumes this week. In that case, bears could go back on the offensive, and chart patterns would not save the pound from falling. At the moment, the situation in the Middle East remains complex and tense, but it
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Samir Klishi,
Analytical expert of InstaForex
© 2007-2026
Summary
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Grigory Sokolov
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