EURGBP in the mix again....

Discussion in 'Technical Analysis' started by ForexLive, Dec 10, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    Bounces off 100 hour MA/50% The EURUSD is making new highs. The GBPUSD rise slows. HMMM must be the EURGBP again. The EURGBP moved lower on the NY session, until the 4 pm fixing where the pair stalled right at the 100 hour MA and the 50% retracement of the last leg higher. That level came in at 0.72209 The price is trading 0.7242 now. SO up goes the EURUSD. GBPUSD sits still.

    Read full forex technical analysis here

Share This Page

free forex signals