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Back Technical analysis
GBP/USD. March 10. Is It Time to Return to the Economy?
On the hourly chart, the GBP/USD
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On the hourly chart, the GBP/USD pair on Monday reversed in favor of the British pound, consolidated above the 1.3341–1.3352 level, and rose toward the resistance level of 1.3437–1.3465. A rebound from this zone today would favor the U.S. dollar and lead to some decline toward 1.3341–1.3352. A consolidation above 1.3437–1.3465 would increase the chances of further growth toward the next resistance level at 1.3526–1.3539. The wave situation is starting to shift toward a bullish scenario. The last completed
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Samir Klishi,
Analytical expert of InstaForex
© 2007-2026
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