Corrections have been limited.
The GBPUSD has peaked near the 100 hour MA two prior times. The corrections off those highs have been minimal (22 and 24 pips). The pair is testing the MA for the 3rd time today right now. Sellers are trying the lean again with the pair holding for 2 bars. Staying below keeps the lid on the pair but on a break, I would expect stops to be triggered.
