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GBP/USD. Smart Money. Now the Pound Is Waiting for the Euro's Decision
The GBP/USD pair has also reversed
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The GBP/USD pair has also reversed in favor of the U.S. dollar and entered a decline that has now lasted for four consecutive days. As I mentioned earlier, the fundamental justification for the pair's decline raises some questions. However, we should not forget that the euro has worked off a weekly bearish imbalance and received a completely logical reaction. Since the euro and the pound move in the same direction most of the time, it is not surprising that the
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Samir Klishi,
Analytical expert of InstaForex
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