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GBP/USD: Simple Trading Tips for Beginner Traders on February 18. Analysis of Yesterday's Forex Trades
Trade Analysis and Tips for the
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Trade Analysis and Tips for the British PoundThe test of the price at 1.3585 coincided with the moment when the MACD indicator was just starting to move below the zero mark, confirming a valid entry point for selling the pound. As a result, the pair dropped by more than 100 pips.Weak UK labor market data released yesterday triggered a noticeable decline in the national currency's value. Investors and analysts were concerned that the data suggested a slowdown in job growth
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Jakub Novak,
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