Forex technical analysis: GBPUSD (once again) below the 100 day MA
The simple question technically…Can the GBPUSD price stay below the 100 day MA?
The GBPUSD has been trading up and down really over the last 6 trading weeks. The range has been about 300 pips over that time period (at the extremes). In between move activity was between 1.31099 to 1.3278.