Tests MA level

The GBPUSD moved below the 200 hour MA on February 26th and stayed below that MA - until today that is.

Since the break, there was a test on February 27th, and sellers came in.

Yesterday, the MA was tested again (see green line) and the sellers came in.

Today, the MA was broken, the price moved higher to test a topside channel trend line and the 100 bar MA on the 4-hour chart. That test failed.

Now the price is back down testing the 200 hour MA. Will the level find buyers now?

So far, so good. We are seeing modest buying interest on the dip. I would expect that buyers to give it a shot, but if there is a break back below, to give up on that dip buy idea.