GBPUSD Technical Analysis

GBPUSD Technical Analysis

GBPUSD spiked higher early today breaking the 50h and 100h MA and hit the daily high at 1.2255, and now retracing back, breaking below the 1.22 level. This is a nice entry point for longs as long the 100h MA support is on hold.

AUDUSD Technical Analysis

AUDUSD deploys positive momentum from 9th March low at 0.7487 and is close to break above the 0.76 level after the FOMC decision today. The 100 days MA offers the long term support and the 50h MA tested today and send the pair higher.

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