Dollar rebound takes the pair back into the range...
The GBPUSD teased with breaking above a resistance area defined by the 1.2543-485 area (see red circles). The pair is back down testing the cluster of support defined by moving averages including the 100 bar MA on the 4-hour chart at 1.2488, the 100 hour MA at 1.2480, and the 200 hour MA at 1.2469.
Resistance at 1.2522 now.
