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Tuesday, December 19, 2017

Cable makes a run up against key resistance levels again

December 19, 2017 0 comments
GBP/USD takes a second crack at the 100 and 200-hour MA The pair initially was rejected by the 100 and 200-hour MA levels at 1.3385 and 1.3384 respectively. The pair is now trading at 1.3387, but there's near-term resistance at the 23.6 retracement level at 1.3391 as well.
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