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EURGBP looks for resistance at 50-day SMA RSI confirms sideways move EURGBP has been consolidating beneath the 50-day simple moving average (SMA), which overlaps with the 0.8578 resistance level and the six-month low of 0.8500 since January 18. According to technical oscillators, the RSI is confirming the sideways movement as it is holding near the […]

The post EURGBP Consolidates above 20-day SMA appeared first on Action Forex.

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18/10/2024

GBP/USD Takes Hit While USD/CAD Remains in Uptrend

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Week Ahead – US GDP and BoJ Decision on Top of Next Week’s Agenda

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