GBPUSD makes a break above 100 day MA (and other levels)

• 
  share

Above 200 bar MA on 4-hour and 61.8% of move down from October high

The GBPUSD is making break.
The price has just moved above the:

• 100 day MA at 1.3036
• 200 bar MA on the 4-hour chart at 1.3039, and the
• 61.8% of the move down from the October 12 high at 1.30426.

BREAK.
Sellers are covering above the levels.  The longs will want to see those levels no hold support.  A move back below will give traders cause for pause.ForexLive