Forex technical analysis: GBPUSD tests the 200 hour MA/trend line - ConsultFX

Forex technical analysis: GBPUSD tests the 200 hour MA/trend line

Buyers stall the fall The GBPUSD fell - perhaps in sympathy with the EURUSD. The pair moved down to the 200 hour MA at 1.3400 and an old trend line at 1.3393.  The price moved below that trend line earlier in the week and tried to stay below. Yesterday, the price moved back above on the Copyright 2015 Forexlive.com