GBPUSD Technicals: The GBPUSD extends to new highs going back to end of October
The GBPUSD moved lower after the budget was released early, but has now moved to new highs. Technically, the price initially moved lower, but found support buyers rate against its 200 hour moving average at 1.31239. That was above the 100 hour moving average at 1.31145.
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