GBPUSD trades toward the 100 hour MA (again)

Technical Analysis

Author: Greg Michalowski | gbpusd

Tested on two other occasions at 1.24568 

The GBPUSD is moving back lower on the back of more dollar buying and looks to test the 200 hour MA for the 3rd time today (after breaking above). 

it  always thank you  how are you today good thanksHonestly, the two other tests dipped a few pips below the MA line but quickly rebounded.  So there has been a desire to buy the dip near the MA line.  Will the buyers come in again?

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