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FX Analysis and Technical Outlook

Discussion in 'Technical Analysis' started by Kaitlin, May 14, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The past two weeks have seen GBP/USD fall from its early May high around its 200-day moving average down to hit its 50-day moving average by Friday. The drop on Friday was pronounced, as the US dollar surged strongly while the pound remained pressured. In early May, GBP/USD hit a[​IMG]

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