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Forex technical analysis: GBPUSD bouncing off support

Discussion in 'Technical Analysis' started by ForexLive, Aug 17, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    The 200 hour MA and 38.2% attracting buyers The GBPUSD has tested the 200 hour MA on 3 separate occasions and each time, the level level held. The 38.2% and the 1.3000 level is also in the area and has attracted traders who are leaning against the support.

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