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GBP/USD follow the 20DMA for sell opportunities
British Pound / U.S. Dollar
Short
GBP/USD follow the 20DMA for sell opportunities
By Elliot_Myers
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Jul 10, 2016
2
Jul 10, 2016
The 20 day moving average has frequently capped price action and presented great sell opportunities.
Selling on any failed attempt of price to move higher than the 20 DMA is advised with stops at least 50 points above the 20DMA.
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sterling
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