Breaks back above the 50% midpoint of 2019 range
The GBPUSD is racing to new session highs just ahead of the London fixing. The price is also moving above the 50% midpoint of the 2019 trading range. The 1.2834 to 1.2853 area is home to a number of swing levels (last weeks low was at 1.2853). A move above would be more bullish with the 100 day MA at 1.28789.
