NZD is the strongest. GBP is the weakest
The NZD is the strongest currency as it has risen against all the major currency pairs in trading today.
Meanwhile the GBP is the weakest.
The GBPUSD on Friday moved to target resistance against the topside trend line (see post from last week and chart below). Today the pair moved lower on the opening and had another run lower as EURGBP surged back higher after basing against the 100 day MA earlier at the 0.7207 level (low 0.7206 today). Currently, the pair is extending even lower and looks toward the next target support at the 1.5088-97 area (50% and 200 hour MA). There should be support against the level on the first look.
