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Trading Recommendations and Analysis for GBP/USD on February 12. Ichimoku Saved the Pound from Decline
Analysis of GBP/USD 5M
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Analysis of GBP/USD 5M The GBP/USD currency pair aimed for continued upward movement on Wednesday, even breaking through the 1.3671-1.3681 area. However, the release of US labor market and unemployment reports caused the GBP/USD pair to drop. Essentially, we witnessed only a brief plunge in the British currency, which fully recovered within a few hours. Much as with the euro, the market reacted to the strong US data but made it clear that these figures were not
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Paolo Greco,
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