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GBPUSD breaks below the 100 day MA. Stops triggered.

Discussion in 'Technical Analysis' started by ForexLive, Jun 10, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    Stops triggered. The GBPUSD has moved below the 100 day MA and below trend line support and stops were triggered sending the price downn to the 1.4320 quickly. The price has quickly rebounded back to retest the 100 day MA at 1.4353. Weekend squaring? Expect more volatility in this pair.

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