Forex technical analysis: GBPUSD trades above 1.3300 - ConsultFX

Forex technical analysis: GBPUSD trades above 1.3300

Tests/breaks (it's trying) MA resistance The GBPUSD has followed the path of the dollar post the US data. That trend is to the downside.  The price is back up testing the earlier highs for the day and in the process the 100 bar MA on the 4-hour chart (blue step line in the chart above).  That MA Copyright 2015 Forexlive.com