The strongest and weakest currencies as NA traders enter for the day

Discussion in 'Technical Analysis' started by ForexLive, Aug 9, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    August 9, 2016. The JPY is the strongest. The GBP is the weakest. The GBPUSD got off to a weak start in the Asia-Pacific session, has had an up-and-down London morning session, and is trading near day low levels. It is helping to contribute to making the GBP the weakest currency of the day as North American traders enter. The strongest currency is the JPY - led by the decline in the GBPJPY. The pair tested the 100 hour MA yesterday but could not muster a close above the key MA level ().

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