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Back Technical analysis
GBP/USD. Smart Money. The Pound Is Waiting for the Euro's Lead
The GBP/USD pair reversed in the
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The GBP/USD pair reversed in the zone of an imbalance without a sequence number and resumed its decline without any specific target. Let me remind you that I did not even assign a number to the latest bearish imbalance, as it was relatively small. However, the euro at the same time reacted to a much larger imbalance, which led both currency pairs to resume their decline. In reality, the drop resumed under pressure from geopolitical factors rather than due to
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Samir Klishi,
Analytical expert of InstaForex
© 2007-2026
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