Below the 100 bar MA on the 4-hour chart
The GBPUSD is trading at new day lows and in the process is trading below the 100 bar MA on the 4 hour chart at the 1.3310 level. The high earlier today took at the high from yesterday but could not muster any momentum on the break.. The better data is helping the US dollar and with uncertainly from Brexit ahead you would think that the GBPUSD would feel some addition pressure.