Two MA converged at 0.8790

The comments from Kristin Forbes are giving the GBP a little bid. The GBPUSD is trading at a new North American session high of 1.2683 (the day high at 1.2686 is still above).

For the EURGBP, the pair is down testing its 100 and 200 hour MAs at 0.8790. Yesterday, the price tested the 100 hour MA and bounced. A move below will next target that low at the 0.8770 area.