Technical Analysis

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Bounces off the MA line The GBPUSD fell to a new session low, but was able to find the support buyers against the 100 day MA. That MA comes in at 1.2458. The low reached 1.24585. Staying above the level keeps the dip buyers in the game. A move below, however, and we should see
NASDAQ index rises 0.95% on the day the broader market indices are closing higher. The Dow industrial average over lagged and closed lower. The NASDAQ index closed at a record level the NASDAQ and S&P have been up for 3 consecutive days The Dow lagged with Walgreens, Exxon/Mobil and Bank of America leading the way to the downside