UK Forex Market
GBPUSD moves to new session highs. Looks toward swing area near 1.25367 to 1.2547.
- Buyers trying to make a play
GBPUSD buyers try to make a play. Can they keep the momentum going?
- Buyers move above the 100 are moving average 1.24542
GBPUSD sellers (USD buyers) have pushed the pair to new session lows...
- ... and below the 200 hour MA. Can the sellers keep the momentum going to the downside?
US dollar falls after weaker ISM data
- Yields move into negative territory
GBPUSD technical levels in play for the week starting June 5th
- The GBPUSD fell on Friday into support. What next as traders prepare for the new trading week?
GBPUSD's volatile performance: A deep dive into the technical movements.
- The 38.2% held resistance. Price is trading back below the 200 hour MA.
GBPUSD breaks (and stays) above 200 hour MA today
- First hourly bar closes above 200 hour MA since May 11
GBPUSD rotates back lower. 100 day MA the focus
- The 100 day MA near 1.2287
GBPUSD sellers try to take more control in up and down day
- Moves above the 100 hour MA have all failed
What levels are in play for the GBPUSD and why through the Fed Chair speech
- Fed Chair Powell to speak at 11 AM ET
GBPUSD stayed below a key hourly MA today and that gave sellers the go-ahead to push lower
- The pair is trying to get below an old swing area on the daily chart
GBPUSD falls below its 100 hour MA
- Earlier test of the MA stalled the fall
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