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GBPUSD retraces the pairs declines. Another up and down day for the pair

GBPUSD retraces the pairs declines.  Another up and down day for the pair
The GBPUSD price action is looking like last Wednesday's price action. Going back to Wednesday (April 19), the price action saw multiple moves up and down. On that day (see left red box), the price traded between a swing area on the top and another swing area on the bottom side.Looking at today, there is similar up and down price action. Like last Wednesday, the pair has been shifting from support and resistance. For today, the 200 hour MA stalled the fall (green line). On the topside, the pair... Read More
Posted: Apr 27 2023, 15:58
Author Name: forexlive
Views: 102262

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