The Traderszone Network

Published in TZ Latest News 7 October, 2015 by The TZ Newswire Staff

Forex technical analysis: GBPUSD gives another try above resistance

200 day MA and 38.2% retracement
The GBPUSD broke above the 200 day MA and the 38.2% in the last hour but could not sustain the rally. It is trying a second time.  Traders will give it a shot but a failure might be the last try for the day.