Sellers keep the pressure on the pair
The GBPUSD's high corrective price was able to get above the 50% of the trend leg lower right at the 11 AM/4PM GMT fixing time...That is cheeky. Those manipulating dealers.
The price quickly turned around (why wouldn't it, they filled the customers boots at the high price) and it has extended to new session lows.
ON the daily chart, the low has extended to 1.52147. The next targets are at 1.5200, 1.5188 and 1.5156. The price is moving away from the 50% of the years trading range at the 1.5146.
