GBP/USD Key Resistance At The 100-Day Moving Average Today

The 100 day MA for the GBPUSD comes in at the 1.6349 level.  The price has moved above the level today on a number of occasions, most recently to a  high of 1.6367 but each time the price has moved back lower.  The level is more important on a daily close. However, the market will be paying attention to the level intraday as well. If the price trades above -  buy.  If the price trades below - sell.   It should have a influence on trading intraday as well as being important longer term.

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