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GBP/USD reclaimed the 200 HMA at 1.5379

Source: Thomson Reuters GBP/USD bounced from 1.5333, but recovery capped intraday Pair has reclaimed the 200 HMA at 1.5379, needs to sustain a move under the tenkan line (1.5345) Tenkan key, propped the market last week …

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GBP/USD reclaimed the 200 HMA at 1.5379
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Source: Thomson Reuters


  • GBP/USD bounced from 1.5333, but recovery capped intraday 

  • Pair has reclaimed the 200 HMA at 1.5379, needs to sustain a move under the tenkan line (1.5345) 

  • Tenkan key, propped the  market last week (Wed/Fri 1.5343 lows)

  • Short in play. Target just  ahead of 40 DMA (break up level), stops at 1.5500

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