The Traderszone Network

Published in TZ Latest News 25 April, 2016 by The TZ Newswire Staff

Forex technical analysis: GBPUSD moves away from 100 day MA

Tests March high but comes right off. Test intraday correction area.
As NA traders entered for the day, the GBPUSD tested the March 2016 high at 1.45135 level (high reached 1.4518). The price has backed off and trades back below the 1.4500 level (at 1.4472).