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Intraday Strategies for Beginner Traders for the Pound on October 28
Yesterday, the pound came under heavy
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Yesterday, the pound came under heavy U.S. pressure and gave up much of its gains. Today the pair has already slid to about 1.3288, and sterling has little to defend its positions. The main blow came from the Conference Board consumer-confidence index for October, which jumped to 91.7 versus an 80.5 forecast. This survey asks U.S. households how they view the labor market and the economy; the index rose mainly on stronger assessments of the current situation—people are noticeably more
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Miroslaw Bawulski,
Analytical expert of InstaForex
© 2007-2026
GBPUSD
Great Britain Pound vs US Dollar
Summary
Neutral
Urgency
1 day
Analytic
Maxim Magdalinin
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