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GBP/USD – Smart Money Analysis: Macroeconomic Data Failed to Support Euro Buyers
The EUR/USD pair reversed in favor
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The EUR/USD pair reversed in favor of the US dollar, broke through bullish imbalance 14, reacted to bullish imbalance 13, and continued its downward movement. On Monday, Donald Trump encouraged bullish traders with conciliatory rhetoric regarding the Middle East conflict, which immediately triggered growth in the euro. The US president stated that very serious negotiations were currently underway, the outcome of which could end the war and satisfy the American side. In addition, Trump said he was postponing his decision
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Samir Klishi,
Analytical expert of InstaForex
© 2007-2026
Summary
Urgency
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Grigory Sokolov
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