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Forex technical analysis: GBPUSD moving back above the 100 and 200 hour MAs

ByGreg Michalowski

Mar 31, 2017

More upside momentum for the pair
The GBPUSD has broken back above its 100 and 200 hour MA at 1.24838. The two moving averages are converged at the same level.   That Implies a market that is unsure of the directional bias.  

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By Greg Michalowski

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