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Back Technical analysis
GBP/USD. Smart Money. Increased Market Volatility
The GBP/USD pair made another reversal
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The GBP/USD pair made another reversal in favor of the U.S. dollar as soon as oil began to rise and the situation in the Middle East moved closer to a new escalation rather than a ceasefire. Over the past week, the direction of movement has changed almost daily, while trader activity remains high. The market continues to swing back and forth, as the news background changes almost every day. Most of the news relates to the "Iranian crisis," with conciliatory
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Samir Klishi,
Analytical expert of InstaForex
© 2007-2026
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Grigory Sokolov
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