July 02, 2020 at 02:46PM
GBPUSD looks back toward 100 day MA (and finds support buyers) after the 50% retracement stalls the rally
Pair trades between 50% retracement above and 100 day MA below.
The GBPUSD has settled in with resistance up at the 50% of the trading range since June 10. That level comes in at 1.25313. The high price today reached 1.25293.