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GBP/USD – Smart Money Analysis: Regular Market Conditions Return After the Holiday Monday
GBP/USD generally continues to move lower.
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GBP/USD generally continues to move lower. On Monday, bulls briefly found a reason for optimism when the British pound gained following reports of UK Prime Minister Keir Starmer's resignation. However, Monday gave way to Tuesday, and market reality quickly returned. At present, that reality is that the U.S. dollar continues to strengthen regardless of circumstances.The Federal Reserve adopted a rather unexpected stance a week ago, but an entire week has already passed. The geopolitical conflict in the Middle East has
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Samir Klishi,
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