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GBP/USD: Simple Trading Tips for Beginner Traders on February 9. Review 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 price at 1.3586 occurred when the MACD indicator was beginning to move upward from the zero mark, confirming the correct entry point for buying the pound. As a result, the pair rose by more than 40 pips.News of the University of Michigan's decline in inflation expectations in the U.S. exerted slight pressure on the dollar. This is a typical market reaction, as a decrease in inflation expectations
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Jakub Novak,
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