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Forex news -forex broker review => Forex => Topic started by: forex4you on May 11, 2022, 10:01 am

Title: GBP/USD Price Analysis: Bears Eying 1.23 Breakout as USD Firms up
Post by: forex4you on May 11, 2022, 10:01 am
GBP/USD Price Analysis: Bears Eying 1.23 Breakout as USD Firms up

The GBP/USD pair could extend its sell-off after validating the flag pattern. A new lower low could activate a larger downside movement. The bias remains bearish despite temporary rebounds. The GBP/USD price maintains a bearish bias despite temporary rebounds. The pair was trading at 1.2322 at the time of writing, far below 1.2375 today’s high. … Continued


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Source: GBP/USD Price Analysis: Bears Eying 1.23 Breakout as USD Firms up (https://www.forexcrunch.com/gbp-usd-price-analysis-bears-eying-1-23-breakout-as-usd-firms-up/)