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GBPUSD Trapped Between Key Barriers

GBPUSD Trapped Between Key Barriers
GBPUSD attempted to recover some lost ground on Monday after its pullback from the 2021 descending trendline stalled near 1.2442. Despite its latest bullish efforts, the pair could not overcome its 20-day simple moving average (SMA), which has been acting as resistance over the past three days around 1.2520. Given the falling MACD and the […] The post GBPUSD Trapped Between Key Barriers appeared first on Action Forex... Read More
Posted: May 16 2023, 08:39
Author Name: actionforex
Views: 081539

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