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GBPUSD settles in the 100 hour above, 200 hour MA below range

Started by forex4you, Feb 07, 2022, 06:08 pm

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GBPUSD settles in the 100 hour above, 200 hour MA below range

GBPUSD trade between its 100 and 200 hour MAs The GBPUSD is trading in an up and down range today. The initial move took the price up to test the 100 hour MA and 50% of the 2022 trading range between 1.3549 to 1.3552.  Resistance held.The move back to the downside, took the price to the 2


Source: GBPUSD settles in the 100 hour above, 200 hour MA below range

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