GBPUSD backs up after test of 100 hour MA stalls the corrective move higher - ConsultFX

GBPUSD backs up after test of 100 hour MA stalls the corrective move higher

The  ups and downs continue The GBPUSD has backed up after a test of the 100 hour MA stalled the rally.   The price action remains up and down with the 100 and 200 hour MAs (at 1.27922 and 1.28097) in between a wider range (between 1.2772 and 1.2896).  The corrective price reached 1.27966 ()..