Cable tests waters below 1.3200 as upside move stalls - ConsultFX

Cable tests waters below 1.3200 as upside move stalls

Attempt to move above the 200-hour MA failed And GBP/USD has subsequently moved lower as a result. Sellers remain in control as near-term sentiment remains bearish with that hold, and now the 1.3200 handle is being tested. Despite the move lower, there is support from bids at the figure level along with yesterday's low @ 1.3193