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GBP/USD: Tips for Beginner Traders on February 5th (U.S. Session)
Trade Analysis and Tips for Trading
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Trade Analysis and Tips for Trading the British PoundThe test of the 1.3597 price level occurred at a moment when the MACD indicator had already moved significantly downward from the zero line, which limited the pair's downward potential. For this reason, I did not sell the pound and missed a good downward move.Despite positive readings in the UK Construction Purchasing Managers' Index, the British currency came under heavy selling pressure. Investors are likely choosing to lock in profits ahead of
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Jakub Novak,
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© 2007-2026
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Pavel Vlasov
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