GBPUSD's rise halted at 100EMA

Technical Analysis

Author: Giles Coghlan | gbpusd

GBPUSD falling off 100 EMA

The 100 EMA (blue line) halted the rise of GBP/USD on the 15 minute chart. Stay below and we are looking at testing the daily lows again. With all the bearish sentiment around I would expect a second test break through the support level and head through 1.3000

By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose