GBPUSD hits the 38.2 fib of the 1.58 drop
On the button we hit the fib. It's an important technical level but the action could really happen if we break the 50.0
GBPUSD H4 chart
In between there look for resistance around the late Aug highs at 1.5430/40 and as far up as 1.5450
EURGBP looks to have been the trigger (or the other way around) as it makes a move under 0.7250
