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Back Technical analysis
GBP/USD – Smart Money Analysis: The Pound May Regain Upward Momentum
The GBP/USD pair has lost its
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The GBP/USD pair has lost its bullish momentum and currently has one final chance to restore it. The price reacted to bearish imbalance 27, which allowed traders to open short positions. This week, the pound declined to imbalance 25, which is a bullish pattern, and reacted to it. At least, this was the situation at the time of writing. Thus, bullish traders have an opportunity to launch a counterattack, and how strong it will be depends entirely on the bulls
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Samir Klishi,
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