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Back Technical analysis
GBP/USD: Smart Money Analysis – The Pound Remains Stable Ahead of the Bank of England Meeting
The GBP/USD pair remains in a
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The GBP/USD pair remains in a corrective pullback that began after two "bearish" signals formed simultaneously: a liquidity grab (marked by the red line) and a reaction to imbalance 16. Essentially, over the past two weeks, the pound has traded within the "bullish" imbalance 19, failed to invalidate it, maintained a bullish bias, and continues to move within a narrow horizontal range. Thus, despite two weeks having passed, imbalance 19 has still not been invalidated, and no bullish signal has
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Samir Klishi,
Analytical expert of InstaForex
© 2007-2026
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