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GBP/USD Overview. March 2. Once Again, Non-Farms, Unemployment, and ISM Indices
The GBP/USD currency pair maintains a
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The GBP/USD currency pair maintains a downward trend on the 4-hour timeframe. In recent weeks, the British pound has depreciated by 400 pips, but even such a sharp decline is a correction. Yes, a strong correction. Yes, unexpectedly strong. However, it is worth noting that the majority of macroeconomic reports from Great Britain in February failed, which added additional downward momentum to the British currency. The market is confident that at the next meeting, the Bank of England will implement
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Paolo Greco,
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