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GBPUSD makes it's way below 200 day MA

Discussion in 'Technical Analysis' started by ForexLive, Sep 2, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    EURGBP helping The GBPUSD has moved below the 200 day MA (has not closed below since July 9th) and approaches the lows from July at 1.5329 and the low from Friday at 1.5334. A move below both these lows should solicit more selling with the 1.52456 the next target.

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