200 hour moving average at 1.3650. 100 hour moving average at 1.3678
The GBPUSD cracked below its 100 hour moving average and this time ran lower. The pair move below a trendline currently at 1.3665, and moved down to test the 200 hour moving average at 1.3650. The low price reached 1.36517.
There is a modest bounce back toward the broken trend line.
Risk for sellers looking for more downside would be on a move back above the 100 hour moving average (of course it would be best to stay below the broken trend line for sellers now).
