Corrects averages to average in headline

• Long upper candle shadow Thurs and price slide Frid into a bear close

• GBP failed just ahead of the 10DMA and 50% Fibo, 1.2198-1.2205 respectively

• Price back inside the daily cloud, top at 1.2085

• Momentum negative and RSI falling

• Weekly chart showing signs of market indecision

• On balance still a bear market and fading strength favoured

• We will monitor any rebounds to 1.2100

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