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GBP/USD: Simple Trading Tips for Beginner Traders on August 5. Analysis of Yesterday’s Forex Trades
Trade Analysis and Tips for Trading
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05.08.2026 08:43 AM
Trade Analysis and Tips for Trading the British PoundThe price test at 1.3447 coincided with the moment when the MACD indicator was beginning to move upward from the zero mark, confirming the correct entry point for buying the pound; however, a significant increase in the pair did not materialize.Disappointing data from the U.S. set the tone for trading yesterday, leaving the dollar without support. The labor market in June did not present any surprises, as the JOLTs report showed steady
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