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Forex technical analysis: GBPUSD finds support against the _____________?

Discussion in 'Technical Analysis' started by ForexLive, May 9, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    Now what? Question: Why did the GBPUSD bounce at the 1.4373 level? Answer: Because the 100 day MA could define and limit risk (see blue line in the chart below)

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