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GBPUSD was back lower after successful test of its 100 hour moving average at highs

Started by forex4you, Mar 12, 2022, 04:58 am

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Mar 12, 2022, 04:58 am
GBPUSD was back lower after successful test of its 100 hour moving average at highs

GBPUSD stay below its 100 hour moving average


The GBPUSD early today extended swing lows from Tuesday and Wednesday and yesterday between 1.3080 and 1.3087. The price eventually rotated to a new low going back to November 6, 2020 at 1.30502, but could not sustain momentum.
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Source: GBPUSD was back lower after successful test of its 100 hour moving average at highs

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