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Thursday, July 24, 2025

GBP/USD Analysis on July 24, 2025

GBP/USD Analysis on July 24, 2025

Back Wave analysis
GBP/USD Analysis on July 24, 2025
Back Wave analysis

GBP/USD Analysis on July 24, 2025

The wave pattern for the GBP/USD

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24.07.2025 08:17 PM

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The wave pattern for the GBP/USD pair continues to indicate the formation of an upward impulsive wave pattern. The wave picture is almost identical to that of EUR/USD, as the U.S. dollar remains the sole driver of the current market trend. Demand for the dollar is falling across the board, leading many instruments to display similar dynamics. Wave 2 of the upward trend segment has taken a single-wave form. The presumed wave 3 appears convincing and complete, so I expect

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