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Barchart
Barchart
Jim Wyckoff

The British Pound Is a Buy Now Over the U.S. Dollar as Iran War Continues

British Pound

September British pound (B6U26) futures present a buying opportunity on more price strength.

See on the daily bar chart for the September British pound futures that prices are trending higher and last Friday hit a nearly three-month high. The bulls have the near-term technical advantage and “the trend is their friend.”

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