GBPUSD runs down to trend line/MA on continued selling after data - ConsultFX

GBPUSD runs down to trend line/MA on continued selling after data

Below 1.3532-44 support area the 1.3544 was the underside of a broken trend line on the daily chart. The 1.3532 was the swing high going back to the post-Brexit period in 2016. Both those levels have now been broken, and the better US data has continued the tumble for the pair. Copyright 2015 Forexlive.com