GBPUSD high today stalls at the MA resistance and reverses. What next? ...Middle East

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GBPUSD high today stalls at the MA resistance and reverses. What next?
Today, the GBPUSD pair experienced an upward movement, driven by a wave of dollar selling in response to lower interest rates. However, the pair's momentum encountered resistance at a key technical level—the 200-bar Moving Average (MA) on the 4-hour chart. This same MA had previously halted the pair's advance a week ago, leading to a decline in price. The fact that this level has now twice acted as a barrier underscores its significance for future trading. A sustained position below this level would indicate that sellers are maintaining control. Currently, the 200-bar MA is positioned at 1.2667 and is trending downward.The price has since fallen back to the 100-bar Moving Average on the 4-ho

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