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Back Technical analysis
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Back Technical analysis
GBP/USD. March 30th. The British Pound Remains Stable Despite Minor Factors
On the hourly chart, the GBP/USD
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On the hourly chart, the GBP/USD pair on Friday consolidated below the 1.3341–1.3352 level, after which the decline continued toward the support level of 1.3199–1.3214. A rebound from this zone would favor the British currency and lead to some growth toward 1.3341–1.3352. A consolidation below 1.3199–1.3214 would allow traders to expect further decline toward 1.3139 and 1.3016. The wave situation has once again shifted to a bearish outlook. The last completed upward wave exceeded the previous peak by only
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Samir Klishi,
Analytical expert of InstaForex
© 2007-2026
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