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Forex technical analysis: GBPUSD squeezes above 100 day MA but....

Discussion in 'Technical Analysis' started by ForexLive, Apr 22, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    ...Back below the line The GBPUSD squeezed above the 100 day MA at the 1.44327. and quickly moved up to a day high of 1.4451. Yesterday, the price touched the 100 day MA and reversed and nearly retraced the entire move higher.

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