Technical analysis
GBP/USD – Smart Money Analysis: The British Pound Awaits the Next Market Move
The GBP/USD pair has been trading
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06.08.2026 05:34 PM
The GBP/USD pair has been trading relatively calmly this week, clearly awaiting the key economic reports due tomorrow. Bulls resumed their advance at the end of June, followed by a typical corrective pullback. They are now attempting to launch another upward move but are waiting for new fundamental support.Bearish imbalance 24 has been breached without triggering any meaningful price reaction. As a result, it can now be considered inverted. Last Friday, the market reacted to this pattern from above, meaning
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