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GBP/USD remains depressed around 100-day SMA on stronger USD, holds above mid-1.2900s

Started by forex4you, Oct 28, 2024, 06:15 am

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forex4you

Oct 28, 2024, 06:15 am
GBP/USD remains depressed around 100-day SMA on stronger USD, holds above mid-1.2900s

The GBP/USD pair kicks off the new week on a softer note and trades around the 1.2960-1.2955 region, just below the 100-day Simple Moving Average (SMA) during the Asian session.

Source: GBP/USD remains depressed around 100-day SMA on stronger USD, holds above mid-1.2900s
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