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GBP/USD: Simple trading tips for beginner traders on September 8th (U.S. session)
Trade review and tips for trading
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Trade review and tips for trading the British poundThe price test of 1.3511 occurred when the MACD indicator had already moved well above the zero mark, which limited the pair's upward potential.The absence of U.K. statistics held back the pound's upward momentum. Technical analysis also points to the possibility of a correction. Overbought signals and divergence on daily charts warn of weakening bullish momentum. A break of key support levels could trigger sellers' activity and strengthen the downtrend.In the second
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Jakub Novak,
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