100 day MA at 1.5460
The GBPUSD is marching lower and is currently testing -well moving below – a key trend line connecting three prior lows at the 1.5491. The market has not done much slowing on the move lower today. The 100 day MA is another key target at the 1.5460 level. This area should slow the decline, but what correction is in the cards may not be so hot.