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Back Technical analysis
GBP/USD – Smart Money Analysis: Further Decline in the Pound and Continued Pressure from Sellers
The GBP/USD pair continues to decline
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The GBP/USD pair continues to decline almost freely. Over the past ten days, bullish traders have made only one attempt to resist the bears. The rest of the time, the bears have been attacking with virtually no resistance. I would like to remind you that the US currency's rise began even before the latest FOMC meeting, from which the market expected monetary policy tightening. This week, FOMC officials Thomas Barkin, John Williams, Susan Collins, and others added further support to
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