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GBP/USD: Simple Trading Tips for Beginner Traders for November 25th (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 1.2583 level occurred as the MACD indicator began its downward movement from the zero line, confirming a valid entry point for selling the pound. Consequently, the pair fell by more than 30 points but failed to reach the target level of 1.2545.Statements from Bank of England representatives indicate that interest rate cuts are unlikely in the near future. This has increased pressure on the British pound, which
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Jakub Novak,
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