FX Trading Education: GBPUSD trend stays alive for the day. Here's why... - ConsultFX

FX Trading Education: GBPUSD trend stays alive for the day. Here's why...

Corrections are modest is the clue. The GBPUSD has trended lower today after the pair peaked against it's 200 hour MA a 1.27586.  Since then the price has moved to the downside.