Category: GBPUSDs
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Chart Art: GBP/USD’s Potential Trend Pullback Levels
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The British pound has just stopped the downtrend around a potential technical support area. Will GBP/USD find enough demand at this level to extend the long-term trend? We check the daily chart! GBP/USD 1 Hour Forex Chart by TradingView In case you missed the latest weekly forex market summary, you…
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TA of the Day: Is GBP/USD’s Bull Run Sustainable? Watch These Critical Levels!
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the GBP/USD The pound has risen sharply over the past two weeks, but its rise has slowed slightly to near last year’s high of 1.3143. Despite the pair’s decline, the price action indicates a very strong bullish sentiment in GBP/USD pair. However, this optimism may be short-lived, as the less…
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TA of the Day: Is GBP/USD’s Bull Run Sustainable? Watch These Critical Levels!
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the GBP/USD The pound has risen sharply over the past two weeks, but its rise has slowed slightly to near last year’s high of 1.3143. Despite the pair’s decline, the price action indicates a very strong bullish sentiment in GBP/USD pair. However, this optimism may be short-lived, as the less…
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TA of the Day: Is GBP/USD’s Uptrend Taking a Temporary Pause?
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GBP/USD The price is wandering around the 1.2900 level, unable to make a decision. Sellers tried to take control, but they couldn’t quite get the job done, failing to close the day below the 1.2900 level. However, the bullish momentum seems a bit weak. Wall Street banks are betting that…
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FX Watch: GBP/USD’s Downtrend Opportunity Ahead of the U.K. Jobs Report
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The pound is testing downside resistance levels ahead of UK labor market data! If you’ve read our latest Weekly Forex DigestYou will know that the US dollar has found some support as more Fed officials announced that they are in no rush to cut interest rates soon. Meanwhile, at least…