| The EURUSD stays below the 200 hour MA |
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The GBPUSD falls toward 100 hour MA and swing area to start the trading week | ForexLive Video
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In this ForexLive video, we take a close look at the first price change of GBPUSD as the trade week starts. The pair has gone down and is close to a big swing area and the 100-hour moving average. We talk about how important these levels are and how they could affect how the price of the pair changes. We also talk about how GBPUSD got into trouble at the June high on Friday, which caused a drop in today’s trading session.
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