200 hour MA
The market is buying dollars. It might be low liquidity. It might be real sellers on Fed-speak but the dollar buying is across the board.
So support buyers may enter but be careful A move below could easily scoot another 10-20 pips just because it is Friday, sellers are in control, liquidity is light. If it breaks the 1.3116, the selling could intensify for the same reasons.
Forex technical analysis: GBPUSD dollar buyers push it to next support target
