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Key Highlights GBP/USD declined heavily below the 1.2350 and 1.2250 support levels. A key bearish trend line is forming with resistance at 1.2480 on the 4-hour chart. EUR/USD extended losses below the 1.0220 support. Gold prices climbed above the $2,650 and $2,660 levels. GBP/USD Technical Analysis The British Pound remained in a bearish zone below […]

The post GBP/USD Crashes: Bears Dominate The Market appeared first on Action Forex.

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07/10/2024

Pound Falls to 3-Week Low, Markets Expect BoE Cut in November

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