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31-7-2022

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The Pound price continues to attempt to perform a downward reversal, and it is possible that the development of a series of the first 1-2 1-2 waves downwards is still going on at the lower degrees. If the current assumption receives support, then fixing the price below the confirming level may increase the pressure on the pair’s value. Also, this assumption can be supported by sentiment data, which almost came close to a critically large number of bulls.

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