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100 Day Moving Average


GBP/USD Rally Faces Resistance as Traders Await FOMC Minutes

By FXCOINZ Editorial

2 hours ago

GBP/USD climbed to its highest level since June 17 after another round of disappointing US economic data weakened dollar sentiment. Technical traders are watching whether resistance near the 100-day moving average caps the move or opens the door to a test of 1.3500.