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Trading Recommendations and Deal Analysis for GBP/USD on December 10. Pound at a Critical Point
Analysis of GBP/USD (5M)
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Analysis of GBP/USD (5M) The GBP/USD currency pair continued its sluggish decline on Tuesday, similar to its "older sister" – the EUR/USD pair. In general, the British pound's positions currently appear more convincing than those of the European currency, and the technical picture is clearer. The British currency continues to trade above the trendline and the Kijun-sen line. Therefore, the upward trend is undoubtedly maintained. Of course, this evening it could easily turn into a downward trend
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Paolo Greco,
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