GBP:- sold off from higher timeframe levels after US Fed cut rates and rotated back down into the 5-day 50% levels....I'm still expecting price to move down into the Weekly 50% level before any upside continues
However, forward rises (higher lows on Friday) and probability that Thursday will continue upwards and back towards the highs once again....
Don't trade longs below 5-day 50% level....
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