<img src="https://fxopen.com/blog/en/content/images/2024/02/main0102_02.jpg" alt="How to Trade with the Island Reversal Pattern" /><p>Price action analysis serves as a
GBP/USD extends its losses past the 1.2300 figure after failing to decisively crack the 200-day moving average (DMA) due to overall US Dollar (USD) strength despite falling US bond yields.
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