EURUSD and GBPUSD extending higher and above respective 200 hour moving averages

The US dollars moving lower as the Powell press conference continues.

For the EURUSD, technically, the price as extended above its 200 hour moving out at 1.0903.

For the GBPUSD, it still is extending above its 200 hour moving average 1.2768.

This article was written by Greg Michalowski at Source