Wednesday, 12 January 2022

GBPUSD squeezes to 2 month high and approaches midpoint of move down from June 2021 high

GBPUSD on the daily chart The GBPUSD is trading at a new two month high (going back to November 4. The high price just reached 1.36829. Looking at the daily chart, the pair is approaching the 50% midpoint of the move down from the June 1, 2021 high to the December 2021 low. That midpoi
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