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GBPUSD Bulls Standing on the Precipice
It’s been an excruciating slow start to the trading week with an absolutely barren economic calendar in both Asia and Europe today. Over the weekend, news hit the wires that the US and Europe are preparing another round of economic sanctions against Russia for their involvement in the ongoing clash in Ukraine, and this is keeping risk appetite relatively subdued ahead of today’s US session. With minimal new price action today, it’s worthwhile to take a step back and look at the bigger picture for pairs like GBPUSD. In case you’ve been trapped on a deserted island with no internet access for the past year, a ... (full story)