Meanwhile over in the GBPUSD circus tent...

10 March 2016, 22:01
Francis Dogbe
0
75
What did the GBPUSD do during the Main Event in the EURUSD tent? The Main Event was over in the EURUSD circus tent and surely the performance there was amazing. But, what about in the other circus tents? What is happening with the GBPUSD? Looking at the hourly chart above, the pair fell in sympathy with the EURUSD but stalled at a pretty key level. The 200 hour MA, the 100 bar MA on the 4-hour chart, the 38.2% retracement all converged at the 1.4111 area. and the low came in at 1.4116. The price moved... READ MORE
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