GBPUSD back testing the 200 hour MA. Buyers have another shot.
The 50% midpoint of the months trading range stalled the fall.
Bullish news. Bearish news for the GBPUSD from the hourly chart.
The bullish news is the price decline from the high stalled at the 50% midpoint of the July trading range at 1.3740.
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July 22, 2021 at 10:34AM