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Back Trading plan
GBP/USD: Trading Plan for the U.S. Session on September 2 (Analysis of Morning Trades). The Pound Hits 1.3144
In my morning forecast, I focused
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In my morning forecast, I focused on the 1.3144 level and planned to make trading decisions based on it. Let's take a look at the 5-minute chart and analyze what happened. The rise and formation of a false breakout around 1.3144 led to a sell entry point for the pound and a move down of approximately 15 points, after which sellers retreated. The technical outlook for the second half of the day remains unchanged.For Opening Long Positions on GBP/USD:Given that
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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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