GBP:-Trend down and moving into a major support level around 1.9504-7, this is also matching the Thursday's low:- expectation of a channel breakout will often move towards the next channel extreme.
Resistance on Thursday:- either the Weekly lows, or Wednesday's channel break, but more likely to head down....
Don't trade longs below Support, and any upside on Thursday would be limited to around resistance levels...
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