GBP USD Fell to more than one month lows
8/23/2017 5:11:38 PM
GBP/USD ultimately broke the 100-EMA to the weakness in a persuasive mode on Tuesday and expanded losses in Asia to an 8-week low of 1.2807 levels. The weakness break of the recent trading range of 1.2840-1.2900 marks the extension of the sell-off from the recent high of 1.3271.
FOREX market analysis by FxErvin.