SYFX

Cable buyers still in search of a firm daily break above 1.3100 to start the week

Summary

By sueyangfx.com August 17, 2020 at 12:09PM GBP/USD holds a little above 1.3100 but buyers have failed to keep a break above the figure level into the close three times since last week Cable buyers defended the 200-hour MA (blue […]

August 17, 2020 at 12:09PM

GBP/USD holds a little above 1.3100 but buyers have failed to keep a break above the figure level into the close three times since last week
Cable buyers defended the 200-hour MA (blue line) on the session and kept the near-term bias more bullish in a push back above 1.3100.

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