Forex technical analysis: GBPCAD broke higher last week, but runs into 200 day MA

Tests 200 day MA today and backs off
The GBPCAD has run higher with the post BOE rally AND the slow grind lower in the CAD of late.   The combination sent the GBPCAD through a broken trend line and above the 38.2% of the move down from the 2017 high at 1.66063 (see chart below).