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EUR/USD price moves within descending correctional channel – Forecast today

GBP/USD price edged lower in latest intraday trading after a session marked with sideways trading, amid ongoing negative pressure due to trading below the 50-candle SMA, while the price is hurt by piercing the main upward trend line in the short term, however, it’s countered by a stream of positive signals from the Stochastic, lending the price some positive momentum, which helped it stabilize against these negative pressures.

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