Forex technical analysis: GBPUSD swings back above MA in up and down trading - ConsultFX

Forex technical analysis: GBPUSD swings back above MA in up and down trading

Bounces off the Friday low The GBPUSD has moved back above the 100 hour MA (blue line in the chart below) after holding below the level in earlier London morning trading.  The in ability to get below the Friday low earlier, helped to turn the bias more to the upside. Now, the breaking of the 100 Copyright 2015 Forexlive.com