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GBP/USD faces pressure at key technical levels once again
The stronger dollar today is heaping pressure on GBP/USD as the pair moves lower to run into a test of its key daily moving averages once again. Right now, the pair is pushing against its 100-day moving average (red line) at 1.1974 with its 200-day moving average (blue line) not far away at 1.1916.
Those have been key levels in limiting the recent downside in cable since last month, before potentially revisiting the... Read More
Posted: Mar 2 2023, 07:24
Author Name: forexlive
Views: 102083