GBP/USD: Buyers struggle to wrestle near term-control from sellers - ConsultFX

GBP/USD: Buyers struggle to wrestle near term-control from sellers

Price continues to hold below the 100-hour moving average ForexLive Friday's trading saw price try to break above the 100-hour MA (red line) as buyers bid up the pair in an attempt to establish a near-term bullish bias. But further resistance at the 23.6 retracement level @ 1.2872 helped to limit further gains in the pair and