When the USD is in a bearish trend, its value decreases. This makes the GBP stronger in comparison, causing it to rise. As more investors move to the GBP, its demand increases, leading to a bullish trend for the GBPUSD pair.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.