With the GBP strengthening across the board, several GBP pairs are hitting or approaching the 200 sma on H1.
This is always a significant level.
I'm waiting for a break of the 200 (currently about 158.52) and should we get a retest and hold of the line then I'll go LONG.
Summary
LONG above 158.52 on retest of the 200.
STOP under the 200 (158.28 area).
Target...