GBPUSD retests the 200 hour MA. Key level for buyers and sellers. ...Middle East

The momentum to the upside has continued to the 200-hour moving average at 1.32837. That moving average was tested on Friday's trade, but found willing sellers after a failed break above fizzled quickly.

Move above the 200-hour moving average would give the buyers more control with a high price from Friday's trade at 1.3223 the next target.

This article was written by Greg Michalowski at www.forexlive.com.

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