GBP/USD edging slightly higher so far today

An update here yesterday drew your attention to the price action playing out in the GBP/USD and the presence of clearly evident selling interest at 1.3000. Well, despite the rise back above 1.09 in the EUR/USD yesterday afternoon, the Pound was not able to vault that 1.30 level again. The rebound from below 1.2950 stalled at 1.2993 right on the 4pm London fix. It then fell back to set a new session low not long after that event, sliding to 1.2934. The GBP/USD later closed in the US at 1.2957. The price action so far today has been sideways with a slight upward bias to a high just a moment ago, at 1.2965. So, as you can see, 1.30 is still the the line in the sand on the topside. The 100 day moving average is in place just below there, at 1.2984 and that could prove sticky too. The low seen earlier today has been set at 1.2948, so as you can see the range has been tight so far. The Pound is just now trading at 1.2964