HawkInsight

  • Contact Us
  • App
  • English

GBPUSD moves down to test its rising 100 bar moving average on 4-hour chart

The GBPUSD downside has continued with the price breaking below its 38.2% retracement of the September trading range at 1.3268 and has move down to test the rising 100 bar moving average on a 4-hou...

The GBPUSD downside has continued with the price breaking below its 38.2% retracement of the September trading range at 1.3268 and has move down to test the rising 100 bar moving average on a 4-hour chart at 1.3243. The low price just reached 1.3244.

For the EURUSD, the price is falling below a swing area between 1.1064 and 1.1068. It would take a move back above that area to disappoint sellers.

Disclaimer: The views in this article are from the original author and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.