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GOING WELL

GBPUSD going well

The cable and support area

GBPUSD seems to be swirling around the support area at 1.1400 - 1.1500. This means that either the area will push it up, or it will be broken and the price will fall.

Are you buying or selling?

Calling all professional traders! Which skill or combination of skills do you believe are most important for successful trading?
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Despite recent slides, analysts remain incredibly upbeat on these two FAANG stocks, even as recession risks continue to rise.

1. Apple: A strong brand may help survive and even thrive during a recession.
2. Google: Currently the cheapest among the FAANG companies, and is well positioned to benefit from accelerated digitalization and a nascent AI revolution.

Which of these are you trading?

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🗓24/05/2022 - Market Update: London/European Trading Session

What is Moving Markets:

🚨Snap Leads After Hours Tech Rout After Issuing Profit Warning;

🚨UBS, JPMorgan Cut China 2022 Growth Forecasts On Covid Zero

🗞Quad Leaders Vow To Stand Together For Free, Open Indo-Pacific

🇺🇸Biden: No Change To Policy Of Strategic Ambiguity On Taiwan

🇺🇸🇨🇳US Trade Chief Tai: The US Must Be ‘Strategic’ On China Tariffs

🇺🇸Fed’s Bostic Suggests Pausing Rate Hikes In Sep To Assess Impact

🇺🇸Fed’s George Sees Policy Interest Rate Around 2.0% By August

🇩🇪German Minister Expects EU Embargo On Russian Oil ’Within Days

🇬🇧UK To Start Legislating Against Brexit Deal Within Three Weeks

🇨🇳China Rolls Out Tax Relief, Construction Bonds To Spur Economy

🇨🇳Beijing Covid Cases Drop As Capital Remains Under Restrictions

🇯🇵Japan’s Factory Activity Grows At Slowest Rate In Three Months

🛢Oil Prices Ease On Recession Concerns, Weaker Consumption

💶Asian Equity Markets Slip With US Futures, Euro Holds Gains

🚨: London/European Markets Open with Risk-Off Sentiment in a move away from “risky assets”.

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