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- GBP/USD is trading near a weekly low
GBP/USD is trading near a weekly low
On Friday, the GBP/USD was trading lower and closed the day in the red zone near the price of $1.2545. Today, it was trading in a narrow range of $1.2485-25, remaining around a weekly low. GBP/USD has finally fixed on the hourly chart and is trading below the MA (200) Н1 moving average line ($1.2640). On the four-hour chart, it still remains above the MA 200 H4 line.
Resistances levels are at: $1.2650, $1.2680, $1.2800-10
Support levels are at: $1.2475, $1.2375, $1.2290
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