forex_managed_account_1

GBPUSD breaks below the 100 day MA. Stops triggered.

Discussion in 'Technical Analysis' started by ForexLive, Jun 10, 2016.

  1. ForexLive

    ForexLive Forum Member

    Joined:
    Sep 2, 2015
    Messages:
    17,366
    Likes Received:
    1
    Stops triggered. The GBPUSD has moved below the 100 day MA and below trend line support and stops were triggered sending the price downn to the 1.4320 quickly. The price has quickly rebounded back to retest the 100 day MA at 1.4353. Weekend squaring? Expect more volatility in this pair.

    Read full forex technical analysis here
     

Share This Page

free forex signals