GBPUSD Early Reverse? 28.06.2023

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GBPUSD Early Reverse? 28.06.2023 by BDSwiss_Academy on TradingView.com

GBPUSD has been rapidly moving downwards due to GBP depreciation.

There are no significant Schedule releases today to support such shock so retracement back to the 30-period MA is quite possible. The key question here is: is this the end of the movement downwards. Is this the final support level of the day?

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