On the daily, GBPUSD is testing the previous high from Dec 14 last year. We see a rejection candle today with its high is just 0.00108 below the last high. I expect a downside move. Possible entries on the 15m timeframe
Note
price is accumulating just below 1.24114, which is the level of interest. Still waiting for the reaction, possibly after the MoM release at 7am
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