GBPUSD

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GBPUSD

GBPUSD pair saw a weakness in momentum with the closing below the EMA20 average. Price bounced off the EMA50 in the 4-Hour. Averages continue to work as dynamic support/resistance. The decline will accelerate below the EMA50. Support: 1.2205 – 1.2182 Resistance: 1.2246 – 1.2306