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Forex technical analysis: GBPUSD tests 100 hour MA

Discussion in 'Technical Analysis' started by ForexLive, Jul 15, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Bounces on the test the GBPUSD has made it down to the 100 hour moving average at the 1.32168 level. Buyers came in against level and have pushed the price back up to 1.3235. The move lower has been helped by better US retail sales and also the uncertainty from Brexit looming.

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