GBPUSD moving back higher. Follows the dollar reversal. - ConsultFX

GBPUSD moving back higher. Follows the dollar reversal.

That 100 bar MA on the 4-hour being approached The GBPUSD is following the EURUSD higher/the dollar lower.   As posted earlier, the pair stalled just ahead of the 100 bar MA on the 4-hour chart (blue line in the chart above). The price of the pair has not traded above that MA since April 19th.