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GBP/USD: Simple Trading Tips for Beginner Traders on December 22. Review of Forex Trades
Trade Analysis and Tips for Trading
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Trade Analysis and Tips for Trading the British PoundThe test of the price at 1.3372 coincided with the MACD indicator just starting to move down from the zero mark, confirming the correct entry point for selling the pound. As a result, the pair decreased by 15 pips.The pound reacted poorly to the retail sales data. Weak UK retail sales raised concerns about consumer activity; however, their impact was mitigated by similar signals from the U.S. economy. The University of Michigan
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Jakub Novak,
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