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Forex technical analysis: GBPUSD stays contained....

Discussion in 'Technical Analysis' started by ForexLive, Oct 5, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    100 and 200 hour MAs contain the pair There is no need to complicate things. The GBPUSD remains contained, confined, between, the 100 and 200 hour MAs (blue and green lines in the chart below) at the 1.5159 and 1.5188 levels respectively. The 50% the 6 day trading range comes in at 1.5175 between the two. UK data was weaker. US data was weaker.

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