AlselvSignals

GBPUSD continues to increase after a series of days of decline

AlselvSignals Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Hello everyone!
The GBP/USD pair is currently experiencing an upward trend, demonstrating a strong recovery after a period of consecutive losses. The price of GU is hovering around 1,222, indicating positive momentum.

Conversely, the safe-haven currency has been weakened due to a slight decrease in US Treasury yields and stable performance in the stock market. This situation acts as an advantage for the GBP/USD pair.

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Comment:
good luck everyone
Comment:
Comment:
In case risk flows continue to dominate financial markets after Wall Street's opening bell, the USD could weaken against its rivals, opening the door for a prolonged recovery in GBP/USD .
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