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GBP/USD: Trading Tips for Beginner Traders – September 10 (U.S. Session)
Analysis of Trades and Trading Advice
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Analysis of Trades and Trading Advice for the British PoundThe price test of 1.3549 occurred when the MACD indicator had just begun to move down from the zero line, confirming that the entry point for a short position on the pound was appropriate and resulting in a 20-point decline in the pair.The pressure on GBP/USD ahead of an important U.S. data release is understandable. Before such data are released, market activity traditionally declines, and traders tend to take profits. In
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Jakub Novak,
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