New trend high of 1.2545 but signs of stress appearing

Fading bullish momentum and a turn over in RSI from over bought levels

Underlying bull trend intact for now but increasing risk of a reversal

We have pulled our 1.2445 bid as bearish risk builds

Despite a drop to 1.2465 GBP is set for a fifth straight bull week

A drop under 1.2445-50, Trend line and 10DMA would damage the up-trend

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