Forex technical analysis: GBPUSD stalls at resistance area

Sellers stay more in control.

I also outlined that the 100 bar MA and the 38.2% retracement of the move down should stall the correction. It has. 

So the sellers remain more in control below the yellow area in the 5-minute chart above.  Stay below, more bearish. Move above, more bullish - at least intraday.

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