The fall in the NY session continues.
The GBPUSD has moved to new NY/London session lows and looks toward the 100 hour MA and trend line (on hourly) at 1.26264 area. The 200 hour MA is at 1.2611.
I would expect some stall near the trend line/100 hour MA area on a test.
More patient buyers should come in against the 200 hour MA (at 1.2611). This could also be a risk level for dip buyers. A move below the 200 hour MA would be more bearish.
