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Back Technical analysis
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Back Technical analysis
GBP/USD Forecast on February 2, 2026
On the hourly chart, the GBP/USD
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On the hourly chart, the GBP/USD pair on Friday consolidated below the 161.8% corrective level at 1.3755, thereby signaling intentions to continue a corrective pullback toward the 1.3611–1.3620 support level. A rebound from this zone would favor the British pound and lead to some growth toward the 1.3755 level. A firm break and consolidation below this area would increase the likelihood of further decline in the pound. The wave picture remains bullish. The most recently completed upward wave broke
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Samir Klishi,
Analytical expert of InstaForex
© 2007-2026
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