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Trading Recommendations and Deal Analysis for GBP/USD on February 19. The Pound Holds to Trends and News
Analysis of GBP/USD 5M
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Analysis of GBP/USD 5M The GBP/USD currency pair continued its downward movement throughout Wednesday. If the unemployment rate negatively impacted the British currency on Tuesday, then all reports on Wednesday supported the dollar in one way or another. And it cannot be said that these were important reports with significant figures! Perhaps only the UK inflation report truly carried the status of "important." However, the value of this report exactly matched the experts' forecasts—3%. In our view,
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Paolo Greco,
Analytical expert of InstaForex
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Stanislav Polyanskiy
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