GBP/USD: Simple Trading Tips for Beginner Traders on June 5th (U.S. Session)
GBP/USD: Simple Trading Tips for Beginner Traders on June 5th (U.S. Session)
Trade Analysis and Tips for Trading
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Trade Analysis and Tips for Trading the British PoundThe price test at 1.3566 during the first half of the day occurred when the MACD indicator had moved significantly above the zero line, which limited the pair's upward potential. For this reason, I did not buy the pound. A second test shortly after became the reason for selling the pound under scenario #2, but a major decline in the pair did not occur.Data on the U.K. construction sector activity for May
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