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GBP/USD Seeks Direction Within Sustained Bearish Trend

Discussion in 'Technical Analysis' started by Kaitlin, May 24, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    GBP/USD has been confined in a trading range between its 200-day moving average to the upside and 50-day moving average to the downside for the past month as the currency pair has been seeking direction ahead of a few major events next month. The fact that price has remained below[​IMG]

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