A lower GBPUSD high (2 blue AT lines) indicates time for a pause where 1.35 needs to hold to keep a strong bid with fallback support as long as it trades above yesterday’s 1.3461 breakout level.
Keep an eye on EURGBP, which has bounced today, and taken some pressure off the GBPUSD upside, suggesting whatever sell order was behind the GBPUSD surge yesterday has been filled.
(Amazing Trader *AT) 4 hour chart)
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