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- Spot stalled by 50% of 1.5088/1.5815 at 1.5452 yesterday, closed above
- The 10/200 DMAs are about to converge at 1.5589/90, offer at 1.5595
- Break below that 50% would open up 61.8% retracement of rally at 1.5366
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GBP/USD daily close under the 200 DMA signals further corrective action
Wednesday, May 20, 2015 6:12 AM UTC
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