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Forex technical analysis: Calling sellers in the GBPUSD?

Discussion in 'Technical Analysis' started by ForexLive, Sep 14, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Tests resistance area. If the sellers are to show up in the GBPUSD, they should show up in this area (risk is defined and limited). The 200 bar MA on the 4 hour chart is at 1.3239, the 5)% of the move down from the Monday high is at 1.31416, the low from Monday was at 1.3233.

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