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Trading tips for GBP/USD

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The aim of yesterday’s trading plan was to increase oil prices. This really happened during the European session, in which the quotes went up sharply and hit the two target

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In the morning, we focused on the mark of 1.0514 and considered entering the market from there. Let’s take a look at the M5 chart to get a picture

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Although yesterday’s selling pressure broke the upward momentum in EUR/USD, there is still the support-resistance level, behind which are buyers’ stop orders. This, along with the three-wave pattern (ABC)

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Retail sales in Europe continue to fall. It came down to -2.7% in October, which is far worse than the expected -2.2%. And even though previous data was revised from

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EURUSD dropped below 1.0500 during the Asian session on Tuesday as the bears remain poised to come back in control. The single currency pair is seen to be trading close

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There were several good entry signals yesterday. Let us have a look at the 5-minute chart and figure out what happened. In my morning forecast, I pointed out the levels

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Yesterday, traders received several perfect signals to enter the market. Let us take a look at the 5-minute chart to clear up the market situation. Earlier, I asked

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GBP/USD was also trading lower on Monday, but this is on the one-hour chart. For example, on the 4-hour chart, all of Monday’s decline appears like a slight pullback. That

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