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Forex technical analysis: GBPUSD moves from one MA to the other

Discussion in 'Technical Analysis' started by ForexLive, Sep 16, 2015.

  1. ForexLive

    ForexLive Forum Member

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    200 day MA yesterday. 100 day MA today The GBPUSD is settling between the 200 day MA below and the 100 day MA below. It would seem appropriate that the pair settle between the two moving average extremes before the FOMC decision - and then let the post event action decide the fate.

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