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Back Trading plan
GBP/USD: Trading Plan for the U.S. Session on November 26th (Review of Morning Trades)
In my morning forecast, I highlighted
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In my morning forecast, I highlighted the 1.2561 level and planned to make trading decisions around it. Let's review the 5-minute chart and analyze the developments. A breakout and subsequent retest of 1.2561 created an excellent entry point for buying the pound, resulting in the pair rising by over 30 points. The technical outlook for the second half of the day has been updated. For Opening Long Positions on GBP/USD:After weathering recent comments from Trump regarding new trade tariffs, the
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Miroslaw Bawulski,
Analytical expert of InstaForex
© 2007-2024
GBPUSD
Great Britain Pound vs US Dollar
Summary
Sell
Urgency
1 day
Analytic
Maxim Magdalinin
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