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GBP/USD eyes 200 HMA again on pullback

Source: Thomson Reuters False break of 76.4% of Jan 1.5588/1.4952 decline at 1.5438 Mon weighs GBP/USD eyes 200 HMA again after pullback to 1.5352 Slow stochs peak in overbought territory, negative cross generates a sell…

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GBP/USD eyes 200 HMA again on pullback
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Source: Thomson Reuters


  • False break of 76.4% of Jan 1.5588/1.4952 decline at 1.5438  Mon weighs

  • GBP/USD eyes 200 HMA again after pullback to 1.5352

  • Slow  stochs peak in overbought territory, negative cross generates a  sell signal

  • Offer filled at 1.5400. 1.5404 the high, target the 40 DMA  at 1.5250, stops at 1.5500. 1.5309 200 HMA

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