 The GBPUSD has snapped back higher after falling sharply in the European session today. The rise to the upside took the price back above resistance between 1.1991 to 1.2010, and with that break moved right up to retest a cluster of moving average resistance starting with the 200 day moving average at 1.20394. The 100 hour moving average of 1.20451, and the 200 hour moving average 1.2054. The high price spiked up to 1.20568 before rotating back to the... 