GBP/USD Faced Resistance Cluster

<p>At the end of last week, the GBP/USD exchange rate dropped to the support provided by the 200-hour SMA in the 1.2235 area. During Monday morning, the rate reversed north. Note that the currency pair faced the resistance area formed by the 55– and 100-hour SMAs, as well the weekly and monthly PPs and Fibo […]</p>
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