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GBP/USD Follows the Leaders Testing Support

posted by Avatar ejc 331 days ago in USD, GBP, Technical

The GBPUSD has followed the EURUSD lead to the downside, falling below support targets in a steady move to the downside. The price continues to stay below 100 bar MA on the 5 minute chart BUT is testing trend line support on that chart. This may tempt shors to take some profits.
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