200-day SMA: The GBP/USD is stalling just above the 200-day simple moving average after breaking below the previous resistance/support pivot at 1.5911. I noted key support in the 1.5780-1.58 area, which involves the 50% retracement level and a rising trendline, but it seems like cable is already…
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GBP/USD Consolidating above the 200-day Moving Average