GBPUSD bounces back toward the 200 hour MA

Pair runs back higher into the London fixing
The GBPUSD moved lower earlier in the session but did find support buyers near the 50% retracement of the range since April 12 at 1.38383. The move off that level higher could not hold below the swing area between 1.3877 and 1.38616 (). Sellers tilted back to the buy side and the