July 01, 2020 at 05:34PM
GBPUSD extends, and moves away, from 100 day moving average (and more)
Also above the 38.2% of the move down from the June 10 high.
The GBPUSD as extended above – and away from – its 100 day moving average at 1.2464. The price is also moved above its 38.2% retracement of the move down from the June 10 swing high. That level comes in at 1.24652.