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Friday, December 22, 2017

Cable falls to session lows as 100 and 200-hour MAs give way

GBP/USD touching session lows of 1.3365 now The pair is trading in a rather tight range today still, only 24 pips. The drop today comes after a rejection of yesterday's high early in the Asian session at 1.3387, but also from the 50.0 retracement level at 1.3384. The pair was held up by the 100 and 200-hour
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