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Trading Recommendations and Analysis for GBP/USD on April 27. The Pound Springs Back
Analysis of GBP/USD 5M
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Analysis of GBP/USD 5M The GBP/USD pair rose by 70-80 pips on Friday, which could be attributed to the euro's rally, news about Abbas Araqchi, or the UK retail sales report. In my view, the most convincing reason is the first one. The euro was unable to break the Senkou Span B line, but it began to rise, pulling the British pound up with it. The UK retail sales report turned out to be better than expected,
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Paolo Greco,
Analytical expert of InstaForex
© 2007-2026
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