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GBP/USD Review, October 26-30, 2020

SAXO:GBPUSD   British Pound / U.S. Dollar
The currency pair surged last week but corrected on Thursday and Friday. GBP/USD’s growth is connected to the USD weakness on the eve of the US Presidential Elections.
We expect GBP/USD to develop its correction this week but the currency pair still continues its midterm uptrend.

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