GBP/USD Technical Analysis: Bears eyeing 1.3100 level

GBP/USD found resistance near the 1.3170 level and GBP/USD erased the daily gains trading now near 1.3130 just above the 200-period simple moving average and the current daily low. Bulls want to keep the market above the 50, 100 and 200-period simple moving averages while bears want to close the day below the current daily low.

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