Moves above 200 hour MA and 50% retracement at 1.2269 The GBPUSD is making a break for it. That is the pair is breaking above its 200 hour MA and 50% retracement at 1.2269 level.
US Dollar price action is ticking higher following the downgraded IMF global growth forecast, revealing a deeper downturn for 2020 and more sluggish recovery for 2021
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