GBPUSD tests its 100 hour MA and backs off

Stay below the 100 hour moving average is more bearish
The GBPUSD has been able to stay below its 100 hour moving average (blue line) for most of the day. There was and earlier peek above the level (but it was only by a pip or so).  The high price off the employment report also took a quick peek above the

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *