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GBP/USD: Simple Trading Tips for Beginner Traders on August 21st (U.S. Session)
Trade Analysis and Tips for the
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Trade Analysis and Tips for the British PoundThe price test at 1.3445 coincided with the moment when the MACD indicator had just started moving downward from the zero mark, which confirmed the correct entry point for selling the pound. However, little could be gained from this trade, as strong U.K. data spoiled the bears' sentiment.The U.K. services PMI rose in August, beating economists' forecasts. This growth was driven by an increase in new orders, optimism about the economic outlook, and
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Jakub Novak,
Analytical expert of InstaForex
© 2007-2025
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Pavel Vlasov
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