GBPUSD tests 100 hour MA. Is the squeeze on? - ConsultFX

GBPUSD tests 100 hour MA. Is the squeeze on?

Trades between 38.2% and 50% of the trading range this week The GBPUSD has moved higher with the lower dollar and is testing the 100 hour MA (blue line) at 1.3104.  The pair fell below that MA on Tuesday and was pushed lower on CPI and Retail sales on Wednesday and Thursday.  The low yesterday stalled