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Wednesday, December 20, 2017

Cable still going nowhere as we await fresh Brexit news

December 20, 2017 0 comments
GBP/USD capped by sellers near 1.3400, and price action is hugging the 100 and 200-hour moving averages The hourly chart tells you a very good story of GBP/USD trading over the last two days. Sellers are holding firm near the 61.8 retracement from the 14-15 Dec downward swing, at 1.3403.
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