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GBPUSD Weekly Analysis – May 27, 2023

The GBPUSD currency pair has recently broken below a rising trend line on the weekly chart, indicating that a period of consolidation for the uptrend from 1.0352 is currently underway. This consolidation phase suggests a temporary pause in the upward momentum, with the pair likely experiencing some downward pressure in the near term. Traders should … Continue reading "GBPUSD Weekly Analysis – May 27, 2023"... Read More
Posted: May 27 2023, 04:35
Author Name: forexcycle
Views: 102670

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