LiteForex - Analytics


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    GBP/TRY: technical analysis on 29.02.2016

    On the daily chart, the pair is trading above the lower MA of Bollinger Bands. The price remains below its moving averages that are directed down. The RSI turned down again just above the oversold zone as it failed its longer MA. The Composite, however, is moving up and is about to test its MA’s. 

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