GBPUSD hods 200 hour MA. EURGBP moves toward 100 hour MA test

The GBPUSD has been able to remain above the 200 hour MA (green line in the chart below - see EARLIER POST). That often is enough to keep the buyers in control and they have taken the price up to the 1.3050 level.

Meanwhile over in the EURGBP, the pair has continued it's move lower and is moving closer to the that 100 hour MA target at the 0.8632 level. There should be support buyer on the first test, but the pair has been retracing after a big move higher since the recent bottom on August 3rd (see chart below). That trend line was broken today.