The GBPUSD has broken above the 100 day MA and trend line resistance and ran this time. There was a Ashcroft poll which has the Conservatives at 36% and Lab at 30%. This has helped break the pair higher. There have been some minor attempts to break above the 100 day moving average in trading today, but each showed little momentum. This one is for real. Traders will now put a big line in the sand at this level (STOP for longs). If the price is going higher, the MA should not be broken. The next target comes in at 1.53154. This is the 38.2% retracement of the move down from the high on September 19 to the low reached ... (full story)