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Analytics today
Analyzing Thursday's trades: GBP/USD on 1H chart The GBP/USD pair showed volatility of 40 pips on Friday. In general, we could have already ended the article with this statement.
What to expect for the pound next week?
Demand for the British pound has not increased over the past month, just like demand for the euro. We could even say that it has decreased in the last.
GBP/USD. May 10th. The British economy was pleasantly surprised
On the hourly chart, the GBP/USD pair on Thursday executed the second bounce from the corrective level of 50.0% (1.2464) and resumed its upward movement. Already today, consolidation above.
EUR/USD: Simple trading tips for novice traders for May 10th (US session)
Trade analysis and tips for trading the European currency The test of the price at 1.0787 in the first half of the day occurred at a moment when the MACD.
EUR/USD: trading plan for the US session on May 10th (analysis of morning deals). The euro shows no signs of life
In my morning forecast, I paid attention to the 1.0785 level and planned to make decisions on entering the market from it. Let's look at the 5-minute chart and figure.
EUR/USD: trading tips for beginners for European session on May 10
The price test of 1.0742 occurred at a time when the MACD indicator was just starting to move up from the zero mark, which confirmed the entry point.
Trading plan for GBP/USD on May 10. Simple tips for beginners
Analyzing Thursday's trades: GBP/USD on 1H chart The GBP/USD pair also traded higher on Thursday, although the pound had more reasons to fall. The Bank of England left.
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This section is updated daily and contains market analysis prepared by professional analysts on behalf of InstaForex. Each of the specialists presents analytical reviews in accordance with his/her vision of the current situation on the foreign exchange and other markets. However, the outlooks below are neither recommendations nor instructions to any actions. They contain analysis of the current situation on financial markets. In some cases, analysts' opinions about current market conditions may differ.