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Back Technical analysis
GBP/USD – Smart Money Analysis: Limited Support for the Bulls
The GBP/USD pair generally remains in
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The GBP/USD pair generally remains in a downward phase, but that decline may already be approaching its end. Why do I believe so? To begin with—and I mentioned this earlier this week—in my view, the latest rally in the U.S. dollar was not fully justified by the news backdrop.First, the geopolitical conflict in the Middle East has ended, despite being the primary driver behind the dollar's strength in 2026. Therefore, seeing the dollar rise first amid heightened geopolitical tensions and
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Samir Klishi,
Analytical expert of InstaForex
© 2007-2026
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Grigory Sokolov
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