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Thursday, July 24, 2025

GBP/USD: Simple Trading Tips for Beginner Traders – July 24th (U.S. Session)

GBP/USD: Simple Trading Tips for Beginner Traders – July 24th (U.S. Session)

Back Forecast
GBP/USD: Simple Trading Tips for Beginner Traders – July 24th (U.S. Session)
Back Forecast

GBP/USD: Simple Trading Tips for Beginner Traders – July 24th (U.S. Session)

Trade Analysis and Pound Sterling Trading

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24.07.2025 02:04 PM

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Trade Analysis and Pound Sterling Trading TipsThe test of the 1.3555 level coincided with the MACD indicator having moved well below the zero line, which limited the pair's downward potential.Weak UK services PMI data exerted pressure on the British pound in the first half of the day. This news came as an unpleasant surprise for investors who had hoped for steady economic growth following recent positive signals. The services sector, as the dominant component of the UK economy, is traditionally

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