GBP/USD: Simple Trading Tips for Beginner Traders – August 5th (U.S. Session)
GBP/USD: Simple Trading Tips for Beginner Traders – August 5th (U.S. Session)
Analysis of Trades and Recommendations for
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Analysis of Trades and Recommendations for Trading the British PoundThe test of the 1.3267 level occurred when the MACD indicator had just started to move downward from the zero line, confirming a valid entry point for selling the pound. However, the pair did not experience a significant decline.The pound was supported in the first half of the day by relatively solid UK Services PMI data. Although the indicator showed a decline compared to the previous month, it still came in
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