Cluster of support broken as London traders head to weeks finish line
The GBPUSD is making new session lows and breaking below a cluster of support at the 1.5211-17. Trend line support, retracement and 200 hour MA all came in at that area. Earlier the 100 hour MA held support ( but the correction higher could not reach the upside target and the buyers gave up.. Sellers remain in control and gaining more control on the break.