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GBPUSD higher on the day but below the high from last week

Started by forex4you, Feb 17, 2022, 07:05 pm

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forex4you

Feb 17, 2022, 07:05 pm
GBPUSD higher on the day but below the high from last week

GBPUSD moves higher but stalled ahead of last week’s high The GBPUSD moved lower in the Asian session and in the process tested the 100/200 hour MAs and the 50% midpoint of the range for 2022 (see blue and green lines in the chart above). The holding of that level gave the buyers the go-ah


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