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30.07.2026 07:35 PM
The GBP/USD pair has posted a fairly noticeable decline over the past two weeks, but it had previously experienced an even stronger rally. Therefore, I believe a new bullish trend may have begun about a month ago. The corrective pullback over the past few weeks has been stronger than I expected, but corrections can vary in magnitude. Recently, both the pound and the euro have been pressured by the market’s unwavering belief that the FOMC would inevitably tighten monetary policy
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