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The price of gold retreated a little in the short term but the bias remains bullish. You already know from yesterday's analysis that XAU/USD could test and retest the immediate.
GBP/USD trapped between 1.2792 and 1.2625 levels
The GBP/USD pair is located at 1.2716 at the time of writing. As you can see on the H1 chart, the price is moving sideways between 1.2792 (upside obstacle).
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This section is updated daily and contains market analysis prepared by professional analysts on behalf of InstaForex. Each of the specialists presents analytical reviews in accordance with his/her vision of the current situation on the foreign exchange and other markets. However, the outlooks below are neither recommendations nor instructions to any actions. They contain analysis of the current situation on financial markets. In some cases, analysts' opinions about current market conditions may differ.