GBPUSD retests lows from yesterday and Tuesday now

The GBPUSD has cracked below its 100 hour moving average now 1.37078. The there is now below it and the 200 hour moving average 1.37214. That tilt the bias more to the downside.

GBPUSD retests lows from yesterday and Tuesday now

The next hurdle, however, comes at the low from yesterday at 1.36959, and the low from Tuesday at 1.36928. Breaking below those is the next step for the sellers if the price is to continue its move to the downside.

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