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GBP/USD Smart Money Analysis – June 22nd: The British Pound Strengthens on Monday
GBP/USD generally continues its downward movement,
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GBP/USD generally continues its downward movement, but the pound posted a strong rally on Monday. This move could only have occurred for one reason—the resignation of UK Prime Minister Keir Starmer. This is not the first time a British prime minister has left office ahead of schedule. The previous six prime ministers were also forced to leave Downing Street before completing their terms.It can be assumed that the market reacted positively to Starmer's departure, as EUR/USD showed no comparable gains
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Samir Klishi,
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