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Back Technical analysis
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Back Technical analysis
Forecast for GBP/USD on September 18, 2025
On the hourly chart, the GBP/USD
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On the hourly chart, the GBP/USD pair on Wednesday rose to the 127.2% Fibonacci level at 1.3708, rebounded from it, and reversed in favor of the U.S. dollar, falling into the support zone of 1.3587–1.3620. Today, consolidation below this zone would allow for a continued decline toward the 76.4% corrective level at 1.3482. A rebound from the zone would work in favor of the pound and a return to growth toward 1.3708.The wave structure remains "bullish." The last completed downward
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Samir Klishi,
Analytical expert of InstaForex
© 2007-2025
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