GBPUSD breaks, runs and rebounds. Watch the underside of trend line/200 hour MA now - ConsultFX

GBPUSD breaks, runs and rebounds. Watch the underside of trend line/200 hour MA now

Markets are skittish... The GBPUSD broke below the trend line and the 200 hour MA at 1.31144.   The price ran lower. The low reached 1.3088. The price rebounded and trades back toward the 200 hour MA and the underside of the broken trend line (at 1.3121).