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GBPUSD: Simple Trading Tips for Beginner Traders on September 11. Review of Yesterday's Forex Trades
Trade review and trading tips for
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Trade review and trading tips for the British poundThe price test at 1.3513 occurred when the MACD indicator had moved far below the zero line, limiting the pair's downside potential.Yesterday the dollar jumped sharply after the US producer-price report, which unambiguously pointed to stronger inflationary pressure. The indicator rose 0.4% in August versus 0.1% in July; annual rates sped up to 5.4% and core to 4.7%. All this significantly strengthened the market's odds of another Federal Reserve rate hike this
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Jakub Novak,
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