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Forex technical analysis: GBPUSD tests 100 day moving average

Discussion in 'Technical Analysis' started by ForexLive, Apr 21, 2016.

  1. ForexLive

    ForexLive Forum Member

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    GBPUSD is not closed above the 100 day moving average since September 2015 The GBPUSD has continued it's run higher and is up testing the key 100 day moving average at the 1.4439 level. The high price has printed 1.44391. The price of the GBPUSD has not close above the 100 day moving average since September 17, 2015. In the move higher today the price has moved more convincingly above the topside trend line which comes in at 1.4392 today.

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