Price does stay above the 100 hour MA
The GBPUSD is mired in a non trending up and down trading range today.
The highs for the day (at 1.31206 and 1.31182) are somewhat random technically. On the downside, the price did find support buyers against it’s 100 hour MA at 1.30711. In the process to the low,
- NEWS: GBPUSD trades to new session lows and moves below a swing area September 21, 2020 at 03:33PM
- NEWS: Dow down over 700 points now September 21, 2020 at 03:19PM
- NEWS: OPEC watching Libya oil restart closely, needs to see if sustained September 21, 2020 at 03:04PM
- NEWS: China will not approve current agreement to sell TikTok’s US operations – report September 21, 2020 at 02:55PM
- NEWS: USDCAD tests swing area from August September 21, 2020 at 02:53PM