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YourLazyTrader

GBPUSD broke through 100D EMA, could drop towards 1.2770

British Pound / U.S. Dollar (FX:GBPUSD)  
YourLazyTrader  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Beyond Technical Analysis Chart Patterns GBPUSD gbpusdsignal gbpusdtrade gbpusdanalysis gbpusdlong
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trendanalysis beyondta chartpattern gbpusd gbpusdsignal gbpusdtrade gbpusdanalysis gbpusdlong
GBPUSD has broken the all-important 100D EMA. From a technical standpoint, that's quite significant.
If price continues to fall, GBPUSD is expected to reach 1.2780 area.
It would be interesting to see if there is any bullish price action at that area.

Before that, traders should exercise caution particularly the buyers

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