GBP Trading News versus USD
1/26/2018 4:20:10 PM
According to Forex market GBPUSD reclaimed bid tone around 1.4103 levels in Asia and now trades above 1.4261. The pair appears set to test the 150-week moving average now seen at 1.4403.
According to market prediction the pair is probable to miss positive momentum over the 150 week moving average at 1.4403.
Though, only an unanticipated reduction below the 1.3360 2017- 18 trend line would refute the current up move.
FOREX market analysis by FxErvin.