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Back Technical analysis
GBP/USD. Smart Money. Was there really a breakout?
The GBP/USD pair reversed in favor
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The GBP/USD pair reversed in favor of the pound and began a fairly strong rise, which ended after another speech by Donald Trump and at the nearest bearish pattern. The price rebounded from imbalance 17, thus forming a sell signal. However, earlier a buy signal had also formed in the shape of a "Three Drives Pattern," and the trend remains bullish. In addition, today or on Monday a bullish signal may form for the euro, which could also support pound
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Samir Klishi,
Analytical expert of InstaForex
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