GBP has pushed up into the 3-day highs on Wednesday and now reversing back down into the 're-test' of Tuesday's breakout.The move down from Wednesday's highs has a random length:- which could stall above the breakout from Tuesday and consolidate into Thursday....
Or it could end up into a 'down-trending ' day and continue into a lower close, retesting Monday's lows.
Around 1.9936 there is normally some intra-day support:- 43 pips (1-2)But below this level the trend remains down on Wednesday..
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