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GBP/USD trading plan, 26th June, 2024

US CS Housing Price Index and CB Consumer Confidence appreaed to be improving which has been pushing USD index upward since yesterday. GBP/USD resumed downtrend after a similar retracement shown in the graph below. We entered a sell trade as the MACD started forming bigger downward histogram.


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25 noobsters
25 noobsters
Jun 26, 2024

Booked profit before US New Home Sales release.

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