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Trading Recommendations and Trade Analysis for GBP/USD on November 5. The Market Awakens an Intense Love for the Dollar
Analysis of GBP/USD 5M
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Analysis of GBP/USD 5M The GBP/USD currency pair traded lower again on Tuesday, without any apparent reason. Throughout Tuesday, there were no significant macroeconomic reports or important events in either the UK or the US. Nonetheless, even without a minimum correction (once again), the British pound continued to decline. By the end of the day, it had already dropped to 1.3050 and seemed unwilling to stop. It should be noted that the US dollar is not rising
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Paolo Greco,
Analytical expert of InstaForex
© 2007-2025
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Stanislav Polyanskiy
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