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Trading Recommendations and Analysis of GBP/USD on December 19. The Market Was Not Intimidated by the Bank of England's Rate Cut
Analysis of GBP/USD 5M
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Analysis of GBP/USD 5M The GBP/USD currency pair began Thursday in decline, but after the Bank of England's meeting and its decision to lower the key interest rate by 0.25%, the British pound shifted into an upward trend. Illogical? At first glance, yes. However, the market had already understood the British central bank's intentions following the November inflation report. It became clear at that time that a new round of monetary policy easing would follow. Thus, this
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Paolo Greco,
Especialista em análise na InstaForex
© 2007-2025
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Stanislav Polyanskiy
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