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Forex technical analysis: GBPUSD moves away from 1.5000 level and looks toward the next...

Discussion in 'Technical Analysis' started by ForexLive, Dec 8, 2015.

  1. ForexLive

    ForexLive Forum Member

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    Helped by EURGBP strength The GBPUSD spent most of the day yesterday holding support against the 100 hour MA (blue line in the chart below). The 38.2% retracement and the 200 hour MA was in the vicinity as well but there was little activity.

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