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GBP/USD Price Analysis: Struggles at the 200-day EMA, plummets below 1.2000

by GBP Editor
November 28, 2022
in GBP
Reading Time: 1 min read

Unable to crack the 200-day EMA, the GBP/USD fell beneath the psychological 1.2000 figure. Short-term, the GBP/USD is downward biased, and once reclaiming 1.1900, it might fall to 1.1820s. The GBP/USD …

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GBP Editor
Latest posts by GBP Editor (see all)
  • GBP/USD retreats after facing a wall of resistance in 1.2400, slips to 1.2370s - January 27, 2023
  • GBP/USD Weekly Forecast: Eyes big technical breakout with both central banks scheduled to meet - January 27, 2023
  • Pound US Dollar Exchange Rate News: GBP/USD Weakened on Fears over UK Economic Growth Plans - January 27, 2023
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