Forex technical analysis: GBPUSD falls below key support

Discussion in 'Technical Analysis' started by ForexLive, Aug 19, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    Watch the 1.3096 area The 100 bar MA on the 4-hour chart and some high ceiling prices from early August both come in at 1.3096 area. The price fell below this level and some additional selling took the price down to a swing low area from July (the low on July 25th was 1.30538. The low today reached 1.3053).

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