200 day MA at 1.26696 Recall in April, the 200 day MA in the GBPUSD stalled the rally not once but twice. Fast forward to last Friday, the price moved above the 200 day MA but closed right around the
The US Dollar (USD) trades directionless on Thursday after rallying on Wednesday, when it nearly closed above the very important technical level of 103.40, which aligned with two moving averages.
<p>The GBPUSD is higher on the day and in the short term, the buyers are "in play". Trading above the 100 hour MA tilts the bias in that direction but there is work to do.</p><
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