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GBPUSD tests 200-day SMA after strong sell-off Prices break trading range to the downside Outlook looks bearish in short-term GBPUSD plunged to a new almost two-month low of 1.2517 on Monday’s session, falling beneath the short-term trading range and the 200-day simple moving average (SMA).  Currently, the market is recovering some losses with the RSI […]

The post GBPUSD Plummets to 2-month Low appeared first on Action Forex.

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