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GBP/USD: Weekly Preview. All Eyes on British Inflation
The GBP/USD currency pair plummeted nearly
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The GBP/USD currency pair plummeted nearly 300 pips last week. Initially, the downward movement appeared to be just another correction before the trend resumed, but by the end of the week, it became clear that something was off. The market once again reacted to the verbal escalation of the conflict in the Middle East. Iran and the US failed to reach an agreement once more, and experts note that progress in negotiations is lacking. The negative impact on the British
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Paolo Greco,
Analytical expert of InstaForex
© 2007-2026
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Stanislav Polyanskiy
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