Markets

Forex technical analysis: EURGBP tests trend line/MA

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July 18, 2016 — 10:47 am EDT

Written by ForexLive->

Lots of ups and downs

The EURGBP moved up to test the 100 hour MA and trend line resistance at the 0.8359 level. Sellers leaned and the price is a bit lower.

Looking at the pieces...

The EURUSD Is trading near the session highs.

The GBPUSD is also trading higher and tests the 100 hour MA at the 1.3260 level.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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