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GBPUSD falls below key floor/old ceiling area

GBPUSD falls below key floor/old ceiling area

The GBPUSD has moved below the lower swing area between 1.19416 and 1.19543 (see morning video here). That level has been a floor this week. It was a ceiling between November 16 and November 21. Sellers will now use that level as a risk defining level. The 200 hour moving average at 1.1975 is also a level to s... Read More

Posted: Nov 30 2022, 16:02
Author Name: forexlive
Views: 102539

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