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Back Technical analysis
GBP/USD – Smart Money Analysis: The British Pound Begins to Recover
GBP/USD declined for eleven consecutive days,
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GBP/USD declined for eleven consecutive days, but this week the pair has made several attempts to begin a corrective pullback. In the first half of the week, the pound failed to attract traders' attention, and there was little news during those days. However, on Wednesday, several important events supported the pound, and several important reports provided further support on Friday. It all began with a speech by John Williams, who made traders less confident that the Federal Reserve would raise
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