GBPUSD tests swing area. Moves away from broken 200 day MA ...Middle East

The fall below those technical levels has taken the price to a new low going back to March 4 at 1.2710. That move also took the the price below a swing area near 1.2718 (see red numbered circles), but the price has bounced higher.

For sellers looking for more downside momentum, it would now take a move back above the broken 38.2% retracement and 200-day moving average to hurt the bearish bias.

This article was written by Greg Michalowski at www.forexlive.com.

Read More Details
Finally We wish PressBee provided you with enough information of ( GBPUSD tests swing area. Moves away from broken 200 day MA )

Also on site :

• Minnesota shooting suspect’s company claims he was ‘involved with security situations’ around the world
• How John Stamos Feels About His Son, 7, Going Into Acting
• Mark Ruffalo, Jimmy Kimmel, Gracie Abrams, Kerry Washington and More Stars Participating in “No Kings” Protests