GBP/USD: Simple Trading Tips for Beginner Traders on July 18. Analysis of Yesterday's Forex Trades
GBP/USD: Simple Trading Tips for Beginner Traders on July 18. Analysis of Yesterday's Forex Trades
Analysis of Trades and Trading Tips
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Analysis of Trades and Trading Tips for the British PoundThe test of the 1.3409 price level occurred when the MACD indicator had just begun moving up from the zero mark, confirming a valid entry point for buying the pound, which resulted in a 10-pip rise.Yesterday, the British pound ignored weak labor market data and traded within a range. This sideways movement is likely due to general uncertainty regarding the Bank of England's next steps. On one hand, weak economic data,
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