The Traderszone Network

Published in TZ Latest News 13 June, 2017 by The TZ Newswire Staff

GBPUSD continues to move higher. Approaching technical resistance.

Resistance at 1.2768-74
The GBPUSD has marched higher in trading today and trades near the highs for the day. 
As outlined in an earlier post today, the GBPUSD has been able to stay above  the 100 bar MA on the 5-minute chart and in doing so, has been able keep the buyers in control.  That MA comes in at 1.27346 and moving higher.  Stay above keeps the trend higher going.