GBPUSD stops triggered below its 200 hour MA

Falls below the 50% of March range too at 1.31695

The GBPUSD mvoed below the 200 hour MA and stops were triggered. The MA stalled the fall on the first look, but the correction higher was modest (see earlier post).

Looking at the hourly chart, the pair is also trading below the 50% at 1.31695.

Stay below the 200 hour MA keeps the bears in control now