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GBP/USD Overview. March 17. FOMC Meeting. What Will Change?
The GBP/USD currency pair demonstrated a
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The GBP/USD currency pair demonstrated a minimal correction on Monday, while the British currency has been in decline for a month and a half. Thus, a rise of 50-60 pips means practically nothing. Naturally, even with such a strong geopolitical backdrop as the current one, prices must occasionally correct. This is a market mechanism that cannot be undone. However, at this time, understanding what we are dealing with is nearly impossible. The problem is that only the geopolitical factor is
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Paolo Greco,
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Stanislav Polyanskiy
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