GBPUSD backs away from 1.2900 level. MAs loom below as a hurdle. - ConsultFX

GBPUSD backs away from 1.2900 level. MAs loom below as a hurdle.

Pair moves back toward unchanged level at 1.2869, but finds buyers  The GBPUSD has waffled lower, and then higher. We moved back down toward the close from yesterday at 1.2869 in the early NA session (low reached 1.28676 just below that closing level), and are seeing some buying.  The "market" is probing with buyers and sellers