Gbpusd dropping level read the caption

Short

Livre sterling / Dollar américain (FX:GBPUSD)

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FX:GBPUSD Livre sterling / Dollar américain

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the GBPUSD experienced an upward movement, driven by a wave of dollar selling in response to lower interest rates. However, the pair's momentum encountered resistance at a key technical level—the 200-bar Moving Average (MA) on the 4-hour chart. This same MA had previously halted the pair's advance a week ago, leading to a decline in price. The fact that this level has now twice acted as a barrier underscores its significance for future trading. A sustained position below this level would indicate that sellers are maintaining control. Currently, the 200-bar MA is positioned at 1.2661 and is trending downward

Commentaire:

Gbpusd surely Fall
And Sharp move coming up Monday

Commentaire:

gbpusd ready to down keep hold sell trades

Commentaire:

Guys trade gbpusd sell keep hold

Commentaire:

Surely fall trades gbpusd confirm analysis

Commentaire:

Gbpusd strong bearish zone

Commentaire:

Bottom of gbpusd

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