empty
 
 
Back Technical analysis
analytics69fdf9ff851b8.jpg
Back Technical analysis
GBP/USD Smart Money Analysis: Labor Market Data Failed to Support the Dollar
The GBP/USD pair made another reversal
The premium article will be available in
00:00:00
The premium article will be available in00:00:00
The GBP/USD pair made another reversal in favor of the pound and resumed its upward movement fully in line with the current chart structure. Last week, the price reacted to bullish imbalance 19, after which bullish imbalance 20 was formed, and this week the pound also reacted to that pattern. Without positive geopolitical developments that reduced the attractiveness of the U.S. dollar in the eyes of traders, we likely would not have seen another upward move. Nevertheless, traders had a
Fresh articles are available only to premium users
Read analytics in early access, getting information first
Get
Samir Klishi,
Analytical expert of InstaForex
© 2007-2026
Summary
Urgency
Analytic
Grigory Sokolov
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $9000 more!
    In May we raffle $9000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback