🧵4/8 MA50 Daily: The 50-day moving average is another critical tool, offering a near-term view of a stock's trajectory. It’s widely followed by institutional investors to assess the health of a stock over the last couple of months. #MA50 #DailyTrading

How are you all traders from the United Kingdom? Time goes by so fast, now it's Monday. Hopefully you will be given good health and smooth activities. Ok, I will continue journal trading with FXOpen UK.

OK, we can look at the FXOpen UK economic calendar https://fxopen.com/en-gb/economic-calendar/?utm_source=socmed&utm_medium=economic-calendar&utm_campaign=penaltev. There is no news in the high impact category, so it is purely technical.
I opened the Daily/D1 chart where the trend was still consolidating.

#fxopenuk #gbpusd #dailytrading