the GBPUSD experienced an upward movement, driven by a wave of dollar selling in response to lower interest rates. However, the pair's momentum encountered resistance at a key technical level—the 200-bar Moving Average (MA) on the 4-hour chart. This same MA had previously halted the pair's advance a week ago, leading to a decline in price. The fact that this level has now twice acted as a barrier underscores its significance for future trading. A sustained position below this level would indicate that sellers are maintaining control. Currently, the 200-bar MA is positioned at 1.2661 and is trending downward
評論:
gbpusd ready to down keep hold sell trades
評論:
Guys trade gbpusd sell keep hold
評論:
Surely fall trades gbpusd confirm analysis
評論:
Gbpusd strong bearish zone
評論:
Bottom of gbpusd
And Sharp move coming up Monday