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GBPUSD falls below the 100 hour MA


The gains from yesterday are being eroded The price started to drift lower in the new trading day. The last few hours have seen an acceleration to the downside after the pair broke back below the 1.36896 to 1.36988 swing area.  More recently, the price has moved below its 100 hour moving average at 1.36708 and is increasing the bearish bias

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