GBP/USD Supported By Moving Averages

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<p>Yesterday, the GBP/USD exchange rate reversed north from the support formed by the weekly S1 and the monthly PP in the 1.2500 area. During Wednesday morning, the rate was trading at 1.2600. It is likely that the currency pair could gain support from the 55– and 100-hour SMAs, as well the weekly PP in the […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/311247-gbp-usd-supported-by-moving-averages-4/">GBP/USD Supported By Moving Averages</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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