GBPUSD holds ground against its 200 hour MA on correction lower | EdgeTradings
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GBPUSD holds ground against its 200 hour MA on correction lower


Rotation lower stalls at the 200 hour MA The GBPUSD moved above its 200 hour moving average for the first time since September 28. At that time the price extended above the moving average line for two or so hours before failing and rotating back to the downside. 

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