GBPUSD trades above 200 hour MA. Buyers making a play? - ConsultFX

GBPUSD trades above 200 hour MA. Buyers making a play?

Trades above and below the 50% at 1.31592 On Monday, the price inched above the 200 hour MA but stalled at the 50% retracement. On Tuesday, the 200 hour MA moved lower and was broken. The price moved to the 50% and stalled.