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GBPUSD struggles amid choppy price action: Key levels to watch

GBPUSD struggles amid choppy price action: Key levels to watch
The GBPUSD continues to experience a turbulent, up-and-down price action in the market. During the Asian session, the pair declined, reaching a low of 1.24099. This brought the price below its 100-hour moving average (blue line, currently at 1.24308), but it did not reach the swing area between 1.2388 and 1.23974. The subsequent upward movement pushed the price back above both the 100 and 200-hour moving averages (200-hour moving average at 1.24413).Despite a few brief dips below the 100-hour mo... Read More
Posted: Apr 24 2023, 13:27
Author Name: forexlive
Views: 081931

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