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GBP/USD meanders around its daily moving averages...

FX:GBPUSD   British Pound / U.S. Dollar
GBP/USD meanders around its daily moving averages (1.3764) within a current 1.3745-3808 band with the next upside level range height at 1.3860. The daily volume looks to have been squashed and it could provide some clear cut moves on the hourly. I would be watching for another touch of the ascending trendline visible on the hourly but I am awaiting price action to show longer term direction.

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