SYFX

Cable tests 100-day moving average as pound stays pressured to start the session

November 02, 2020 at 08:44AM

GBP/USD falls to a session low of 1.2863 on the day
That is the lowest the pair has traded in nearly 3 weeks, as we see sellers try to push the agenda and contest the 100-day MA (red line) @ 1.2878. The level previously held at the end of last week and also during October alongside

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