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GBP/USD: Simple Trading Tips for Beginner Traders on November 5th (U.S. Session)
Analysis of Trades and Trading Tips
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Analysis of Trades and Trading Tips for the British PoundThe test of the 1.2974 level occurred when the MACD indicator had moved significantly above the zero line, which limited the pair's upward potential. For this reason, I didn't buy the pound and instead waited for Scenario #2, which was to sell. The second test occurred shortly afterward, when the MACD was in the overbought zone and seemed like an ideal buying opportunity, so I took it. However, due to strong
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Jakub Novak,
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