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Dollar kicks higher as GBP/USD slips towards key level again

In the past few minutes the dollar has just kicked higher. The EUR/USD has stalled ahead of 1.0825 and it is now edging back towards the most recent lows seen earlier today and on Friday, at 1.0802. The GBP/USD is lower too and right now trading back underneath the 1.26 handle again. That means the Pound is close to testing that 200 day moving average once again. To remind the reader that remains at 1.2592. It is also unclear, whether or not there might be stops in place now below that price point. The GBP/USD is currently trading at 1.2596
 

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