Forex Update:GBPUSD back down testing the 100 hour MA

Forex Update:GBPUSD back down testing the 100 hour MA

The GBPUSD moved above the 100 hour moving average at the 1.6394 level and moved up to a high of 1.6328 and started to reverse. The decline was helped by the runnup and then reversal of GBPJPY. Now the pair…

Last Updated ( Thursday, 18 June 2009 01:27 )

Date	EUR/ USD Pips	GBP/ USD Pips	USD/ CHF Pips
30th jan	-21	+46	++
31th Jan	+85	+20	+79
1st Feb	-20	+41	-23
2nd Feb	+106	+71	+82
3rd Feb	+14	++	++