Dollar moving higher as stocks trade at highs
The stock market is trading at session highs and we are seeing the impact on the US dollar. The GBPUSD has moved back to the lows for the day, and also moves back down toward key support against the 100 hour MA at 1.23753 and the 38.2% retracement at 1.23753. Moreover, we are back below the upward sloping trend at the at 1.2405.
Forex technical analysis: GBPUSD moves toward the day lows/technical target
