The GBPUSD is testing its 200 hour MA at 1.3364. Key level for buyers and sellers.
The GBPUSD has extended its move to the downside after failing to hold above a key technical confluence near 1.3399. That area is defined by the 100-day moving average, the 200-day moving average, and the 50% retracement of the rally from the May low. Repeated failures against that cluster have shifted the near-term bias back in favor of the sellers.During the North American session, the pair has fallen to its rising 200-hour moving average, currently at 1.3365.
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USD
GBP
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