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GBPUSD rebounds toward 50%/200 day MA
50% midpoint of the range since July 20 at 1.3777. The 200 day moving average 1.37804 The GBPUSD has rebounded off of a support area today and has worked its way back toward key resistance (and bias defining area) from the 50% midpoint of the range since July 20 at 1.3777 and the 200 day moving average at 1.37804.