GBPUSD keeps a lid on the pair at the highs, but remains above 200 hour support

50% retracement is also in play on the the downside The GBPUSD tried to move lower and back below its 200 hour moving average in the Asian session, and although there were looks below that MA line (see green line in the chart below), the 50% midpoint of the last move down from the September 23 high to the September 29

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