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GBP/USD: Trading Recommendations and Trade Analysis for December 5. The Pound Is Stronger Than the Euro
Analysis of GBP/USD 5M
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Analysis of GBP/USD 5M The GBP/USD pair made a final push towards the nearest target area of 1.3369-1.3377 on Thursday. It was unable to break through this area on the first attempt, which is not surprising given that this is a resistance zone. Moreover, the British pound has already risen considerably this week, and we have no objections to it. Notably, this rise occurred before the release of the crucial ADP report in the U.S., but this
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Paolo Greco,
Analytical expert of InstaForex
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