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A technical overview: A quick look at the major pairs

Discussion in 'Technical Analysis' started by ForexLive, Jun 20, 2016.

  1. ForexLive

    ForexLive Forum Member

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    GBPUSD remains the main focus GBPUSD The GBPUSD could not move below the 100 bar MA on the 5-minute chart and extended up to the 200 day MA at 1.4690. The prior resistance was 1.4666. Since breaking the price remains above that level. The buyers remain in control above the trend line and the 100 bar MA (blue line in the chart below at 1.46424 currently). Closer support at 1.4666.

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