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Overview of the GBP/USD Pair on April 10. Does the Market Believe in the Ceasefire or Is It Just Tired of Geopolitics?
The GBP/USD currency pair traded relatively
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The GBP/USD currency pair traded relatively calmly on Thursday, though it still showed an upward bias. Frankly speaking, under the current circumstances, any decline in the dollar seems somewhat strange, as there has essentially been no real ceasefire in the Middle East. It exists only on paper. Therefore, there are no particular reasons for traders to be joyful.However, an alternative scenario is possible. For the past two months, we have repeatedly stated that the geopolitical factor has a shelf life.
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Paolo Greco,
Analytical expert of InstaForex
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Urgency
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Stanislav Polyanskiy
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