GBPUSD moves toward a cluster of suppport (and the 1.4000 level). - ConsultFX

GBPUSD moves toward a cluster of suppport (and the 1.4000 level).

50% and the 100 bar MA on the 4-hour comes in at 1.4007-11 The GBPUSD moved to a new session low at 1.40174. In the process, the pair is getting closer to a cluster of support defined by the 50% retracement of the move up from the March low at 1.4011 and the 100 bar MA