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Back Fundamental analysis
Overview of the GBP/USD Pair. April 28. The Dollar is Not a Safe Haven but a Troubled Currency
The GBP/USD currency pair continued its
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The GBP/USD currency pair continued its upward movement on Monday, resuming the trend on the previous Friday. Overall, we believe that without a new and serious escalation of the geopolitical conflict in the Middle East, the dollar has little to rely on. In recent months, we have consistently pointed out that the dollar has one trump card, but that card has an expiration date. Geopolitics indeed triggered a two-month rise in the U.S. dollar, as investors fled the burning Middle
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Paolo Greco,
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