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The British pound has appreciated considerably over the last few days without any major corrections. The presented scenario was 100% fulfilled, despite the fact that it differed significantly from other analyzes of professional analysts and people with at least ten years of experience in financial markets. You can find the analysis here: GBPUSD Possible further increases after correction

Now, however, we are in a situation where, despite a strong trned, a decline will be possible due to two factors, and basically one: macroeconomic data. Worse for the Pound and better for the Dollar

Asia started a correction and now everything will be resolved in the European session. Possible course behavior if the data is as expected. The range at least to the blue trend line which will coincide with the triangle line, but if the decline was dynamic, it can be expected that there will be a return at the support level of the triangle formed.

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