GBP/USD breaks below 100-day MA at 1.3334, bearish momentum accelerates

GBP/USD has declined sharply to new session lows, breaking below the critical 100-day moving average at 1.3334, which had provided support during yesterday's trading. This technical breakdown signals a shift in market bias from neutral to bearish, as the pair extends losses amid strengthening dollar momentum. The breach of this key technical level, which had acted as a defensive floor for buyers, opens the path for further downside toward the next support zone around 1.3280 (50% Fibonacci retracement). Technical indicators are turning increasingly negative, with the RSI dropping below 45 and MACD crossing into bearish territory. Traders are now watching for any retest of the broken 1.3334 level, which could now act as resistance. A failure to reclaim this level would confirm the bearish breakdown and potentially accelerate selling pressure toward the 1.3250 psychological support.