Hey everyone, I am still pretty new to forex trading and honestly a bit lost today. I just saw some news that the pound dipped against the dollar and that EUR/GBP hit a 16-month low, and I am struggling to connect the dots. Does a strong dollar mean the UK economy is doing bad, or is it just US dollar strength pushing everything else down? I was thinking about jumping in to buy the dip on the pound, but now I have major FOMO and doubt. For the experienced traders out there, how do you usually play a move like this? Should I hold off or is this a good learning scalp opportunity?
Why is the Pound dropping right now? Total beginner confused about EUR/GBP
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