The Traderszone Network

Published in TZ Latest News 10 June, 2016 by The TZ Newswire Staff

GBPUSD breaks below the 100 day MA. Stops triggered.

Stops triggered.
The GBPUSD has moved below the 100 day MA and below trend line support and stops were triggered sending the price downn to the 1.4320 quickly.  The price has quickly rebounded back to retest the 100 day MA at 1.4353.  Weekend squaring?  Expect more volatility in this pair.