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Abreham_Jas
Jul 5, 2020 7:26 PM

Bounced towards the 200MA Short

British Pound/U.S. DollarFXCM

Description

The pair crept up the entire week towards the 200 daily MA. If the pair breaks 1.2540 early in the week, we could see it easily move to 1.2660/80. The 200 daily moving average should naturally serve as a strong resistance level for this pair. A level to watch for a short.
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