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Back Fundamental analysis
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Back Fundamental analysis
Overview of the GBP/USD pair. January 22. The British pound lost its bearings
The GBP/USD currency pair does not
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The GBP/USD currency pair does not want to follow EUR/USD, although that would be the most logical outcome. Recall that most of the time, the euro and the pound trade almost identically, but not this week. If the euro is confidently rising, the pound sterling is mostly standing still or correcting. What caused the pound's decline on Tuesday and Wednesday if the fundamental backdrop points in the opposite direction?Many traders might answer — macroeconomic reports. Let's see if that is
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Paolo Greco,
Analytical expert of InstaForex
© 2007-2026
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Stanislav Polyanskiy
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