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GBP/USD. Analysis and Forecast
At the start of the new
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At the start of the new week today, the GBP/USD pair is attempting to attract buyers, although it lacks bullish confidence, despite holding above the key support levels of the 200-day simple moving average (SMA) and the 100-day simple moving average (SMA).The U.S. dollar failed to extend its modest rebound from a more-than-two-month low on Friday and remains the key factor supporting the GBP/USD pair. Dollar bulls have been reluctant to open new long positions amid expectations of further easing
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Irina Yanina,
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