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GBP/USD Technical Analysis
On the daily chart below, we can see how the US Dollar has been losing ground consistently since October 2022. Being one of the most crowded trades in 2022, the US Dollar got sold off very heavily as the market started to price in a less hawkish Fed with an earlier than expected pause.
Those expectations though are dwindling as the recent NFP report and
Posted: Feb 8 2023, 14:48
Author Name: forexlive
Views: 102636