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GBP/USD: Trading Plan for the U.S. Session on October 30th (Analysis of Morning Trades)
In my morning forecast, I highlighted
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In my morning forecast, I highlighted the 1.3030 level as a decision point for market entry. Let's look at the 5-minute chart to see what happened. Although the price rose, it fell just a couple of points short of testing 1.3030, so I couldn't secure a suitable entry point for a sale. The technical outlook has been slightly adjusted for the second half of the day.To Open Long Positions on GBP/USD:The pound has sharply declined after reaching the daily high,
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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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