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Forex technical analysis: GBPUSD gives another try above resistance

Discussion in 'Technical Analysis' started by ForexLive, Oct 7, 2015.

  1. ForexLive

    ForexLive Forum Member

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    200 day MA and 38.2% retracement The GBPUSD broke above the 200 day MA and the 38.2% in the last hour but could not sustain the rally. It is trying a second time. Traders will give it a shot but a failure might be the last try for the day.

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