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Back Technical analysis
GBP/USD. Smart Money. The Pound Is Also Frozen in Place
The GBP/USD pair continues to decline
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The GBP/USD pair continues to decline within the framework of a "bullish" trend. Last week, the price did not respond a second time to imbalance 14, which could have preserved the bullish momentum. At the same time, imbalance 14 has not yet been invalidated. However, I no longer consider it relevant. Instead, a "bearish" imbalance 16 has formed, which is now the main pattern for traders. This is a bearish pattern within a bullish trend. In my opinion, the rise
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Samir Klishi,
Analytical expert of InstaForex
© 2007-2026
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Grigory Sokolov
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