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Back Trading plan
GBP/USD: Trading Plan for the U.S. Session on October 16th (Analysis of Morning Trades). The Pound Collapsed
In my morning forecast, I focused
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In my morning forecast, I focused on the 1.2975 level and planned to make entry decisions based on it. Let's review the 5-minute chart and analyze what transpired. The pair declined but missed testing the 1.2975 level by just a few points, so I decided not to buy the pound, especially after such a massive sell-off. The technical outlook has been slightly adjusted for the second half of the day.To Open Long Positions on GBP/USD:Inflation data from the UK came
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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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