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Forex technical analysis: Choppy action at the top for GBPUSD today

Discussion in 'Technical Analysis' started by ForexLive, Sep 17, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    100 day MA today but not sustained The 100 day MA at the 1.55185 level was broken yesterday with the high price reaching 1.5527 before moving back lower. Higher wages was the catalyst for a sharp moved higher in the GBPUSD yesterday. The move higher continued today with the pair extending to the highest level since August 26th. That pushed the price to 1.5548.

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