The post The GBPUSD held below 100 week MA last week. Does that lead to downside this week? appeared first on Forex news forex trade.
Ends the week near Friday high and 100 hour MA On Monday last week the GBPUSD toyed with the 100 week MA at the 1.3300 level. The high reached 1.3311 but being a weekly MA, the level was more of a barometer for bullish above and bearish below (which is ok). Obviously, the buyers could not