The last 3 hours has stayed below the 200 hour MA
The GBPUSD moved sharply higher on better data in the London session. The price move bottomed (before that move) ahead of the 100 day MA, 38.2% retracement and 100 bar MA on the 4-hour chart (see blue circles). The surge higher moved above the 100 and 200 hour MAs at 1.2479-852. There was one hourly close above. The price should have gone higher.
Forex technical analysis. GBPUSD consolidates gains but below MAs now
