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Back Technical analysis
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Back Technical analysis
GBP/USD. Smart money
The GBP/USD pair has returned to
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The GBP/USD pair has returned to the "bullish" imbalance 12, and now both currency pairs (EUR/USD and GBP/USD) should be expected to react to bullish patterns. Thus, despite the decline in the pound's quotes over the past few days, the bullish trend remains intact, and the bulls continue to dominate the market. There is no talk of invalidating imbalance 12 at this stage, and corrective pullbacks can vary in size. I see nothing alarming even if the pound drops back
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Samir Klishi,
Analytical expert of InstaForex
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