The GBPUSD is continuing to push higher, breaking above its 100-hour moving average (blue line on the chart above) and swing level which are both at 1.3257.
The momentum to the upside has continued to the 200-hour moving average at 1.32837. That moving average was tested on Friday's trade, but found willing sellers after a failed break above fizzled quickly.
Move above the 200-hour moving average would give the buyers more control with a high price from Friday's trade at 1.3223 the next target.
This article was written by Greg Michalowski at www.forexlive.com.Hence then, the article about gbpusd retests the 200 hour ma key level for buyers and sellers was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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