November 04, 2020 at 02:29PM
Below 50% of recent range keeps sellers with a little more control
The GBPUSD price action has been volatile, choppy and with a larger than normal range. The low to high pip range is 225 pips. That is well above the 22 day average at 126 pips (around a month of trading). Not surprising.
Author: https://www.forexlive.com/technical-analysis/!/the-gbpusd-price-action-moving-between-hourly-moving-hours-in-volatile-trading-20201104 Selected by SYFX+