 The GBPUSD has traded lower today and to the lowest level since November 30. In the process, the price extended back below the 200 day moving average of 1.20791 see green step down line on the chart above. On December 1, the price first moved above that moving average level, and although the price made small dips below the level including during yesterdays trading since then, momentum could not be sustained. Going forward now that the MA has been broken with more momentum, st... 