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Back Technical analysis
GBP/USD – Smart Money Analysis: The Pound Continues to Rise
GBP/USD began rising after sweeping liquidity
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GBP/USD began rising after sweeping liquidity below the latest bearish swing and has since gained more than 200 points. Over the past three days, the pound has posted a strong advance, which could invalidate Imbalance 30, as it has failed to produce a convincing reaction. This would be the first step toward the formation of a bullish trend. In addition, the first bullish imbalance in a long time formed yesterday. Going forward, it will act as a support zone and
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