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GBPUSD confined to narrow trading range

The GBPUSD today moved higher in the Asian session, and pounded against the 100/200 hour movie averages. There was a brief break in the early European session, that failed in the price moved lower into the morning London session. The low price for the day reached down toward the low of the swing area between 1.2687 and 1.26988 and the pair found support buyers.What now?There is support down to 1.2687. Resistance at the 100/200 hour MAs at 1.27389 and 1.27465 respectively. The range for the day i... Read More

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Gbpusd

Confined

Narrow

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Forex

Posted: Jun 26 2023, 14:36

Author Name: forexlive

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