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GBP/USD: Simple Trading Tips for Beginner Traders on July 29 (U.S. Session)
Analysis of Trades and Tips for
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Analysis of Trades and Tips for Trading the British PoundThe test of the price at 1.2860 occurred when the MACD indicator had already moved significantly below the zero mark, limiting the pair's further downward potential despite the ongoing bearish market. It is difficult to pinpoint the exact reason for such a drop in the pound, but discussions about the Bank of England potentially lowering interest rates continue to influence market sentiment. There are no upcoming U.S. statistics, giving pound buyers
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Jakub Novak,
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