 The GBPUSD moved above its 200 day moving average on the first trading day of December, and after retesting that moving average on December 6 and December 7, the price extended up to the 61.8 retracement of the 2022 trading range at 1.24507 where sellers leaned against the level. Since then the price has returned back toward the falling 200 day moving average currently at 1.20899. The price low today dipped below that level briefly to a low of 1.20845, but has bounced back higher and current... 