Forex technical analysis: GBPUSD ups and downs continue... - ConsultFX

Forex technical analysis: GBPUSD ups and downs continue...

Back above the 100 day MA (what's new). The GBPUSD over the last 9 trading days has traded above and below its 100 day MA on 7 of those days. (blue numbered circles show the days (today included).  Typically, the price moves away from the key MA level, not hang around it.  Copyright 2015 Forexlive.com