Dive into the latest GBPUSD analysis and discover a recurring pattern that spells opportunity for sellers. The failed attempts to surpass the 100-hour moving average (MA) have tilted the balance in favour of sellers, as long as the price remains below this critical MA level. Additionally, the 4-hour chart unveils a significant test of the key 200-bar MA during Friday's upward move, where eager sellers emerged. Keep a close watch on this MA level as it holds crucial importance for future price action. In Join us as we analyze these key MA levels, uncover patterns, and discuss potential trading opportunities. |
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