New lows for the GBPUSD. Moves closer to 200 hour MA.

Below the 100 hour MA and 200 day MA
The GBPUSD made a new session low at 1.26372. 
That low got closer to the rising 200 hour moving average at 1.26368 currently. The price has not traded below its 200 day moving average since May 27. A move below that level should solicit some selling. 

Leave a Comment

Leave a Reply

Your email address will not be published.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