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Back Technical analysis
GBP/USD. Smart Money. Bears May Be Losing Momentum
The GBP/USD pair has filled the
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The GBP/USD pair has filled the latest bullish imbalance by 100%, reacted to its lower boundary, climbed to the upper boundary of the pattern—and that is where the bulls' efforts stalled. Unfortunately, a fairly strong trend-following trading signal has not yet lived up to expectations. Nevertheless, I would not panic prematurely. A double reaction to imbalance 14 may follow. Although I personally favor such signals, their potential cannot be denied. Yesterday, liquidity was taken from the February 6 swing, which
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Samir Klishi,
Analytical expert of InstaForex
© 2007-2026
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Grigory Sokolov
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