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GBP/USD: Trading Tips for Beginner Traders – August 5 (U.S. Session)
Trade Review and Tips for Trading
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05.08.2026 01:24 PM
Trade Review and Tips for Trading the British PoundThe test of the 1.3459 level occurred when the MACD indicator was just beginning to move higher from the zero line, confirming a valid entry point for long positions. As a result, the pair advanced by 15 points.The July UK business activity report came in convincingly strong, providing support for the pound. The services sector, which accounts for the largest share of the UK economy, returned to growth for the first time
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