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Back Fundamental analysis
GBP/USD Pair. Week Preview. U.S. Inflation and the Contradictory Dollar
The GBP/USD currency pair lost only
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The GBP/USD currency pair lost only 50 pips last week and felt more confident than EUR/USD. Monday saved the British pound from a sharper decline. Recall that on Monday, the market was reacting to Trump's invasion of Venezuela and the capture of that country's president, as well as another "great" U.S. report — the manufacturing ISM. It was on that day that the "safe-haven" U.S. dollar lost about 100 pips, and volatility was highest. Thus, we still believe geopolitics will
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Paolo Greco,
Analytical expert of InstaForex
© 2007-2026
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