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Back Technical analysis
GBP/USD. Smart Money. A Key Moment for the Pound
The GBP/USD pair has also reversed
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The GBP/USD pair has also reversed in favor of the U.S. dollar and returned to bullish imbalance 14. As I mentioned earlier, the fundamental reasons behind the pair's decline raise some questions, but it should not be forgotten that the euro worked through a weekly bearish imbalance and received a fairly logical reaction. Since the euro and the pound move in the same direction most of the time, the pound has also been declining over the past few days.
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Samir Klishi,
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