GBPUSD looks to test 100 hour MA support at 1.5065

The 100 hour MA comes in at 1.5065. Look for profit taking/dip buyers against the level.
Topside resistance now comes in at the 1.5092 level and above that at 1.5105. The 1.5092 is the midpoint of the 2 day trading range. The 1.5105 is the low corrective area from Friday’s trade (see chart below ).

A break of 1.5065 will look toward 1.5020, the low before Friday’s surge higher (post NFP).




No Responses to “GBPUSD looks to test 100 hour MA support at 1.5065”
Add a comment