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Forex technical analysis: GBPUSD has some downside vulnerability

ByGreg Michalowski

May 23, 2017

Trades below the 100 hour MA
The GBPUSD is showing some downside vulnerability in trading today. The price is below the 100 hour MA at 1.2985. It is also below a technical swing area in the 1.2985-90 area (see red circles on the chart below).  

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By Greg Michalowski

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