100 hour MA is now risk for shorts
The GBPUSD moved below the 100 hour MA on the back of the failed Cooper-Boles vote. The price moved to the trend line at 1.3089 which is the next target. The 100 hour MA is now risk for shorts.
THe next target below is the 200 day MA at 1.3060 followed by the 200 hour MA at 1.30239. The 38.2% is at 1.3006 (the 5th step) on a progression lower.