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: GBPUSD falling below the 100 bar MA

Discussion in 'Technical Analysis' started by ForexLive, Aug 4, 2016.

  1. ForexLive

    ForexLive Forum Member

    Joined:
    Sep 2, 2015
    Messages:
    14,116
    Likes Received:
    1
    BOE throws the kitchen sink at Brexit fears The BOE cut rates and added QE as well. The GBPUSD initially held support against both the 100 bar MA on the 4-hour chart and the 200 hour mA at the 1.3203-10 area. It is now below both those levels and they will be eyed as resistance.

    Read full forex technical analysis here
     

Share This Page