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EURGBP breaks higher...

Discussion in 'Technical Analysis' started by ForexLive, Sep 30, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Moves back above 100 hour MA. The EURGBP is continuing the run higher. It has just broken above the 100 hour MA at the 0.86374 level (the level held on the first test on the previous bar). The next target comes in at the 0.86524 level (the 50%. Also trend line resistance). The high from yesterday extended to 0.8668 (near the 61.8% level).

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