Back above 200 hour and 50%….
The GBPUSD is making a 2nd break of the 50% and 200 hour MA at 1.25259 level. Both those technical levels come in at that level. The 1st move failed AFTER the price move toward the next target at the 1.2543 level, fell short. As a result, the price rotated back lower and below the technical levels.