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GBP/USD Review. June 17. Why Was the War in Iran Necessary?
The GBP/USD currency pair also traded
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The GBP/USD currency pair also traded slightly higher on Tuesday, despite the absence of important macroeconomic reports, geopolitical news, or fundamental events. However, the geopolitical backdrop changed last Thursday when Donald Trump, instead of ordering new strikes against Iran "to deter any further delays in negotiations," suddenly announced his readiness for a peace agreement. Since then, the dollar has only declined, albeit moderately and without urgency. We have previously discussed the reasons for the lack of a sharp drop in
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Paolo Greco,
Analytical expert of InstaForex
© 2007-2026
Summary
Urgency
Analytic
Stanislav Polyanskiy
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