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GBPUSD reaches overbought area near key resistance Sellers could take control of the market below 1.2588 GBPUSD flatlined around the familiar 1.2720 resistance region, which was last tested at the end of August, after three constructive bullish weeks. The area also overlaps with the 61.8% Fibonacci retracement of the July-October downleg. The ongoing consolidation phase […]

The post GBPUSD Bulls Hit a Wall; Support Nearby appeared first on Action Forex.

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