1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

Forex technical analysis: GBPJPY tests 100 hour MA

Discussion in 'Technical Analysis' started by ForexLive, Aug 8, 2016.

  1. ForexLive

    ForexLive Forum Member

    Joined:
    Sep 2, 2015
    Messages:
    14,115
    Likes Received:
    1
    No closes above the MA since July 27th The GBPJPY is testing the 100 hour MA at the 133.884 level. The pair tested the MA last week but could not muster a closing bar above the MA line. Today, the line is lower making the hurdle easier but the last 3 hours has seen the price stall against the line (see chart below)..

    Read full forex technical analysis here
     

Share This Page