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GBP/USD Review. Weekly Summary. The Market Got Answers, but They Were Not Well-Received
The GBP/USD currency pair showed no
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The GBP/USD currency pair showed no notable movements this week. Overall, expectations at the beginning of the week were high, but they did not materialize for several reasons. We have repeatedly stated that macroeconomic data are an important component for predicting movements in any currency, but they are often contradictory and ambiguous. Thus, at times, the market does not respond to these figures in a logical or predictable way. Based on the same numbers, different traders can draw different conclusions.
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Paolo Greco,
Analytical expert of InstaForex
© 2007-2026
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Stanislav Polyanskiy
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