Back
25 Dec 2015
Bullish price-indicator crossover in GBP/USD
A bullish crossover between the GBP/USD current rate and its 200-hour SMA has been detected.
The ascending GBP/USD price finds itself en route to the 800-SMA, which carries an equal resistance to the 200-SMA on 4hr charts. Such a price-indicator cross has not occurred at least for a week on this time frame, highlighting its significance.
The ascending GBP/USD price finds itself en route to the 800-SMA, which carries an equal resistance to the 200-SMA on 4hr charts. Such a price-indicator cross has not occurred at least for a week on this time frame, highlighting its significance.