GBPUSD > Price Got Rejected At200 MA,What Now?

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Analysis of #GBPUSD

The pound failed to close above its 200MA last week, also a 1.2700 number, which previously was able to stop prices from continuing upward movements, but this tie we have broken the previous two structures looking left a 1.2646.

Sure I will not enter long here, but if price provided a reversal pattern it would be interesting to get short this one



⚠ Please note the ideas is valid only if it happened as I said above

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Check today analysis below

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Disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only