This pair has switched to a downtrend channel for a while down but seems to be looking for a breakout instead of sell at top of channel(candles seem uncertain small bodies with nice wicks top and bottom). Rejections of the upper channel were done quickly and clearly before this point. We are now seeing a "kind of" consolidation there.We'll see tonight where the market moves.
Plus GBP looks like it is gaining strength with all other pairs too
Plus GBP looks like it is gaining strength with all other pairs too