GBPUSD faces a Bear Storm as Friday's Action Forced Lower

٧ أغسطس ٢٠١٧

GBPUSD faces a Bear storm as Friday's action forced the pair under the 100 MA for the first time since June 8 ,2017. With Sunday night's pullback now reversed, price looks to be sliding back to the 200MA(4hr) with strong support however temporary it may be, at the 1.2976. The June 20, 2017 price low 1.26036 would be next target if price continues to slide beneath the 200MA. CryptoSeraph