SYFX

Pound gains pared back as buyers lose some momentum from earlier today

Summary

By sueyangfx.com November 16, 2020 at 09:27AM GBP/USD falls back to 1.3200 and tests the 100-hour moving average As the dollar eased earlier, cable hit a session high of 1.3243 but is quickly seeing that reverse towards 1.3200 and a […]

November 16, 2020 at 09:27AM

GBP/USD falls back to 1.3200 and tests the 100-hour moving average
As the dollar eased earlier, cable hit a session high of 1.3243 but is quickly seeing that reverse towards 1.3200 and a test of its 100-hour MA (red line) at the figure level now.

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