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GBP/USD. Smart Money. The Pound Has Turned Lower
The GBP/USD pair has also continued
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The GBP/USD pair has also continued its decline and has reversed in favor of the U.S. dollar. It must be acknowledged that the pound's drop does not look as dramatic as the decline in the euro. However, the latest bullish patterns were ignored: on January 6, liquidity was taken from the last bullish swing, after which a bearish imbalance was formed on the 13th and was almost immediately reacted to. Thus, while the decline in the euro could only be
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Samir Klishi,
Analytical expert of InstaForex
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