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GBP/USD Price Fails to Hold 1.22 Despite Mixed US Data

Started by forex4you, May 13, 2022, 08:12 pm

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May 13, 2022, 08:12 pm
GBP/USD Price Fails to Hold 1.22 Despite Mixed US Data

The GBP/USD pair could extend its sell-off if it makes a new lower low. The price action could develop a major Falling Wedge pattern. Breaking above the downtrend line may signal that the downside movement has ended. The GBP/USD price moves sideways in the short term. The price developed a minor triangle pattern. It was … Continued


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