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Trading Recommendations and Analysis of GBP/USD for February 24. The Pound Sterling Was Not Enough for Long
Analysis of GBP/USD 5M
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Analysis of GBP/USD 5M The GBP/USD currency pair merely corrected to the critical Kijun-sen line on Monday, failing to overcome it and subsequently bouncing back. Thus, the overall decline in the dollar culminated in a microscopic correction on the hourly timeframe. Recall that on Friday, Donald Trump imposed new trade tariffs to replace those the U.S. Supreme Court had annulled, and on Saturday, he raised them to 15%. However, the market did not consider this information negative
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Paolo Greco,
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© 2007-2026
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Stanislav Polyanskiy
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