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GBP/USD: Simple Trading Tips for Beginner Traders on March 19th (U.S. Session)
Review of Trades and Trading Recommendations
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Review of Trades and Trading Recommendations for the British PoundThe test of the 1.2975 level occurred when the MACD indicator had already moved significantly below the zero mark, which limited the pair's downward potential. For this reason, I did not sell the pound. The second test of 1.2975, when the MACD was in the oversold zone, triggered Scenario #2 for buying. However, as seen on the chart, the expected growth did not materialize.Clearly, the market has entered a wait-and-see mode
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Jakub Novak,
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