EURUSD and GBPUSD move back toward unchanged on the day
EURUSD and GBPUSD both up around 4 pips
For the GBPUSD it extended above its 200 and 100 hour moving averages at 1.25741 and 1.25836 respectively on its way to a high for the day at 1.26239. The price has rotated back down and is trading just above the 100 hour moving average once again. Those moving averages will continue to be barometer is for bulls and bears as the market continues to move up and down.