Forex technical analysis: GBPUSD finding sellers against MA levels

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Old trend lines in play as well The GBPUSD has been finding sellers against the 100/200 hour MA ( blue and green lines  in the  chart below at 1.22149 and 1.22261 respectively).  The underside of broken trend line from yesterday's trading is also stalling the pairs rise.

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Greg Michalowski

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