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Forex technical analysis: GBPUSD extends the narrow trading range, but....

Discussion in 'Technical Analysis' started by ForexLive, Oct 29, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Bounces right back...EURGBP fall contributing The GBPUSD pushed to new session lows, extending what is a very narrow 23 pip pre-NY session trading range to 33 pips. The low took the price below the low from yesterday at 1.5247 (the low today extended to 1.5242). However, sellers could not extend any further and we are now seeing a rebound back higher (high 1.52722).

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