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Back Technical analysis
GBP/USD. Smart Money. The Pound Has Every Chance to Follow the Euro's Lead
The GBP/USD pair has returned to
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The GBP/USD pair has returned to a "bullish" imbalance but has not yet formed a buy signal, unlike the euro. The difference lies in the fact that the pound's imbalance is much wider, and therefore requires more time to play out. I continue to expect a reaction from this imbalance and further growth in the GBP/USD pair. Let me remind you that the bullish scenario will be canceled only if imbalance 14 is invalidated, which also acts as a support
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Samir Klishi,
Analytical expert of InstaForex
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