GBP/USD technical analysis: On the defensive below 100-hour EMA

GBP/USD stays on the defensive below 100-hour exponential moving average (EMA) while making the rounds to 1.2160 ahead of Tuesday’s London open.
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Germany Factory Orders n.s.a. (YoY) came in at -3.6%, above expectations (-7%) in June

Germany Factory Orders n.s.a. (YoY) came in at -3.6%, above expectations (-7%) in June
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