GBP/USD: Simple Trading Tips for Beginner Traders on August 15. Analysis of Yesterday's Forex Trades
GBP/USD: Simple Trading Tips for Beginner Traders on August 15. 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 1.35700 price level occurred when the MACD indicator had already moved significantly down from the zero mark, which limited the pair's downside potential. For this reason, I did not sell and missed the downward move. Buying on a rebound from 1.3534 yielded about 20 points of profit.The British pound fell sharply, while the U.S. dollar rose after it became known that U.S. producer prices jumped by 0.9%
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