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Back Technical analysis
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Back Technical analysis
Forecast for GBP/USD on September 23, 2025
On the hourly chart, the GBP/USD
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On the hourly chart, the GBP/USD pair on Monday reversed in favor of the British currency and consolidated above the 76.4% retracement level – 1.3482. Thus, the upward process may continue today toward the 100.0% Fibonacci level – 1.3587. A close below 1.3482 would once again work in favor of the US dollar and a renewed decline toward the support zone of 1.3416–1.3425. The wave picture has shifted to "bearish." This happened suddenly and unexpectedly. The last completed upward
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Samir Klishi,
Analytical expert of InstaForex
© 2007-2025
Summary
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