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GBP/USD: Smart Money Analysis - Bulls Retreat Under Geopolitical Pressure
The GBP/USD pair reversed in favor
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The GBP/USD pair reversed in favor of the pound within imbalance 19 and began rising last Thursday. Since then, prices have declined for the third consecutive day, driven by geopolitical developments. Recall that on Friday another attempt to "establish contact" between Tehran and Washington failed, and on Monday it was reported that Iran attacked a U.S. destroyer. This escalated tensions between the parties and led to new Iranian strikes on regional allies, which could trigger retaliatory actions in the coming
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Samir Klishi,
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