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Adjustment of Levels and Targets for the US Session – August 14th
Today, only the British pound was
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Today, only the British pound was traded using the Mean Reversion strategy. With the Momentum approach, I traded the Japanese yen and the Australian dollar, but no major moves developed.The euro declined following a weak Eurozone GDP report, while the British pound attempted to strengthen after a similarly strong report on the UK economy. The slowdown in Eurozone economic growth is raising concerns about the region's outlook. Traders are worried that the European Central Bank might revert to a more
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Miroslaw Bawulski,
Analytical expert of InstaForex
© 2007-2025
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Maxim Magdalinin
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