GBP/USD Classical Technical Report 03.09
GBP/USD: Overall, this market is going nowhere right now and remains confined to a choppy multi-day range. This range has been loosely defined between the 100/200-day SMAs, and at this point, it will take a clear and sustained break above the 200-Day SMA or back below the 100-Day SMA for additional clarity into the broader direction.
--- Written by Joel Kruger, Technical Currency Strategist
To contact Joel Kruger, email firstname.lastname@example.org. Follow me on Twitter @JoelKruger
To be added to Joel Kruger’s distribution list, send an email with subject line “Distribution List” to email@example.com
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.