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GBPUSD Analysis – May 18, 2023

The GBPUSD pair has encountered a significant development as it broke below the key support level at 1.2442. This break suggests that the downtrend from the previous high of 1.2679 has resumed, indicating a shift in the market sentiment towards bearishness. With the support level breached, market participants should anticipate further declines in the GBPUSD … Continue reading "GBPUSD Analysis – May 18, 2023"... Read More
Posted: May 18 2023, 12:36
Author Name: forexcycle
Views: 102622

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