Sterling Crossover & Historical Trend

by Ashraf Laidi

Feb 14, 2014 17:55

GBPUSD rises 6% above its 200-week moving average, which is the highest positive cross-over since November 2007. The chart below shows that the highest cross-overs above the 200-WMA average were in November 2007 and December 2004 at 13% and 21% respectively.  Full charts & analysis

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