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Back Technical analysis
GBP/USD. April 2nd. Markets Ignore US Economic Conditions
On the hourly chart, the GBP/USD
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On the hourly chart, the GBP/USD pair on Wednesday rose to the resistance level of 1.3341–1.3352, rebounded from it, reversed in favor of the U.S. dollar, and fell to the support level of 1.3199–1.3214. Today, a rebound of quotes from the 1.3199–1.3214 level will favor the pound and some growth toward 1.3341–1.3352. A consolidation of the pair below the 1.3199–1.3214 level will increase the likelihood of continued decline toward the levels of 1.3139 and 1.3016. The wave situation has
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Samir Klishi,
Analytical expert of InstaForex
© 2007-2026
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