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Forex technical analysis GBPUSD breaks...

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

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Moves above the 1.5450 level and runs 25 pips The GBPUSD has followed the EURUSD higher. Whereas the EURUSD was breaking above the 50% retracement and the 200 day moving average, the GBPUSD was making a move above the 1.5443-51 area (let's call it 1.5450). The next target is 1.5486 and then 100 day MA at 1.5512

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