GBPUSD tests 100 hour MA (and moves below)

Technical Analysis

Author: Greg Michalowski | gbpusd

Trades at session lows.

The GBPUSD is testing the 100 hour MA not at 1.16749.  The pair has 6 straight down hourly bars now (last close at 1.06968). The price - as I type - is now cracking below the 100 hour MA and looks toward the 61.8% at 1.16464.

Trades at session lows.

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