Tips for forex traders that may help your trading.
Pound was unable to recover after such a sharp fall. All attempts of the currency to raise its rate turned out to be a failure. Watching the currency pairs that are in the cross with the pound, you can see the dynamics of the downward trend. Where the price has broken through the support level at which the currency price is reached to the level of support, but overall, downward movement and the rally down to the Pound Forex market is assured. We also decided to join the bears and will open a short position as soon as the price will be the level of support. Given that the next support level on the chart is too far away, this trading can bring good profits.
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