It's all going horribly wrong as the buyers keep losing the little battles
Direction is all about what a price can do to maintain a move and GBPUSD is showing what happens when that fails
We failed to break 1.5630 properly, tried to keep hold of 1.5600, and now the 1.5570 area is failing
1.5560 is trying its best and 1.5550/55 will try to help as well but the Carney effect is wearing thin and that might cause these recent longs to start thinking about taking what they've got and banking it
GBPUSD 15m chart
USDJPY is back where it started and if it decides to push through 123.40/50, and towards the highs at 123.73 then that might add some further pressure to the pound
