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Back Trading plan
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Back Trading plan
GBP/USD: Trading Plan for the U.S. Session on August 28 (Analysis of Morning Trades). Pound Quickly Recovered
In my morning forecast, I focused
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In my morning forecast, I focused on the 1.3219 level and planned to make market entry decisions based on it. Let's look at the 5-minute chart and analyze what happened. The decline and the formation of a false breakout at that level led to an entry point for buying the pound, contributing to the further development of the trend, resulting in the pair rising by more than 30 points. However, after a while, pressure on the pair returned. The technical
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Miroslaw Bawulski,
Analytical expert of InstaForex
© 2007-2024
GBPUSD
Great Britain Pound vs US Dollar
Summary
Buy
Urgency
1 day
Analytic
Maxim Magdalinin
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