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- Newstrading EA: Making the Most Out of UK Rate Cut
The Bank of England has cut interest rates to 1.5%, the lowest level in its 315-year history.
I managed to established two long positions with the newstrader EA, and the newstrading program gave me the largest profit of this month so far (+89 pips).
Below is the price action following the interest rate announcement.
Long GBP/USD @ 1.5110 for +25 & 64 pips

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