. Following is the chart showing GBP/USD daily price movement in bar chart and 10 days moving average line. Using the theory of moving average, show the upward and downward trends in the chart with reasons. Daily

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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17. Following is the chart showing GBP/USD daily price movement in bar chart and 10 days
moving average line. Using the theory of moving average, show the upward and downward
trends in the chart with reasons.
Daily
Ma
10 MA
Mily
Transcribed Image Text:17. Following is the chart showing GBP/USD daily price movement in bar chart and 10 days moving average line. Using the theory of moving average, show the upward and downward trends in the chart with reasons. Daily Ma 10 MA Mily
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