Converging moving averages holding sterling's decline, on a closing basis

Four averages including 100DMA run from 1.2017 through 1.2044

Wed drop from 1.2179 hit a 1.2012 low

Our 1.2181 short squared at 1.2053 on-route to the low

Daily momentum holding positive and RSI neutral

We lean bearish but will look for better selling opportunities

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