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Trading Recommendations and Analysis for GBP/USD on June 19. The Bank of England Did Not Save the Pound
GBP/USD 5M Analysis
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GBP/USD 5M Analysis The GBP/USD pair continued to trend downward throughout Thursday. Just the day before, we mentioned that the market's reaction to the FOMC meeting might last up to 24 hours. It is not uncommon for the price to move in one direction initially and then return to its starting position. This time was different. Despite the Federal Reserve merely signaling its intention to start raising rates (at least not before September), the market spent the
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Paolo Greco,
Analytical expert of InstaForex
© 2007-2026
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Stanislav Polyanskiy
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