GBP/USD: Simple Trading Tips for Beginner Traders on June 12 (U.S. Session)

GBP/USD: Simple Trading Tips for Beginner Traders on June 12 (U.S. Session)

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GBP/USD: Simple Trading Tips for Beginner Traders on June 12 (U.S. Session)

Analysis of Trades and Trading Tips

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12.06.2025 01:31 PM

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12.06.2025 01:31 PM

Analysis of Trades and Trading Tips for the British PoundThe test of the 1.3570 price level during the first half of the day coincided with the MACD indicator just beginning to move down from the zero line, confirming a valid entry point for selling the pound and resulting in a decline of over 40 pips.Weak data on UK economic growth once again exerted intense pressure on the pound. Investors concerned about the risk of recession sold off the pound following

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