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GBPUSD is trading between technical levels with MAs on the downside and swing area above

The GBPUSD gapped lower today (higher USD) and moved lower into the European session. The low prices for the day tested a swing area 1.2159 and 1.2167. Support held in the London morning session and then early US session before moving higher.The subsequent run to the upside stall against the low of a swing area between 1.2219 and 1.22316 (see red numbered circles). Sellers leaned against that low swing area. The price currently trades just above the 1.2200 area.On a break above, traders would... Read More

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Gbpusd

Trading

Between

Technical

Levels

With

Downside

Swing

Forex

Posted: Oct 9 2023, 17:15

Author Name: forexlive

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