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Back Trading plan
GBP/USD: Trading Plan for the European Session on June 8. The Pound Crashed at the End of the Week
Last Friday, several entry points were
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Last Friday, several entry points were formed in the market. Let's take a look at the 5-minute chart to understand what happened. In my morning forecast, I highlighted the level of 1.3446 and planned to make entry decisions based on it. The rise and formation of a false breakout around 1.3446 created a point of entry for selling the pound; however, the pair did not drop as anticipated, resulting in a loss. In the second half of the day, bears
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Miroslaw Bawulski,
Analytical expert of InstaForex
© 2007-2026
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Maxim Magdalinin
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