GBP/USD technical analysis: Refreshes session tops, near 100-hour SMA/50% Fibo. confluence region

The pair continues to show some resilience near 61.8% Fibo. level. Bulls await a sustained move beyond the overnight swing high. The GBP/USD pair once again showed some resilience below the 1.2200 round-figure mark on Thursday and witnessed a solid rebound from support marked by 61.8% Fibonacci level of the 1.1958-1.2583 recent strong move up. […]

The post GBP/USD technical analysis: Refreshes session tops, near 100-hour SMA/50% Fibo. confluence region appeared first on Forex Crunch.

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