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GBP/USD sees thin resistance until upper 1.4900s

Pair probing through the 100 HMA, hit a fresh session high Thin resistance until the 1.4984/90 region (Mar 24, 23 highs) A break below the 200 HMA at 1.4832, needed by shorts to be in with a chance Aim the 57 month low a…

By Ian Preston
1 min read
GBP/USD sees thin resistance until upper 1.4900s
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  • Pair probing through the 100 HMA, hit a fresh session high

  • Thin resistance until the 1.4984/90 region (Mar 24, 23 highs)

  • A break below the 200 HMA at 1.4832, needed by shorts to be in with a chance

  • Aim the 57 month low at 1.4635 from March 18

 

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