GBPUSD- 16Feb2022

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GBPUSD- 16Feb2022

On the H4, price was once again met with strong demand after it dropped to the support level at 1.3500. Price is now fluctuating between the 3 MAs. With UK CPI and FOMC minutes releasing later today, we will just have to wait out to see the market reactions.

This is for personal record purposes only, not financial advise or solicitation of trade.

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