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GBP/USD – Smart Money Analysis: The Pound Remains in a Narrow Range
The GBP/USD pair continues to rise,
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The GBP/USD pair continues to rise, and this move appears fully justified. As a reminder, the dollar has faced numerous negative factors in recent weeks, including the US Treasury's decision to increase its purchases of long-term bonds, a weak Nonfarm Payrolls report, slowing consumer price inflation, slower GDP growth, and declining market expectations for tighter Fed monetary policy. In fact, this is far from the complete list of problems facing the US currency. Therefore, if the dollar's decline continues from
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Samir Klishi,
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