GBP/USD rallied above the daily cloud base then turned lower on the session

Pair fell below the 10-DMA and traded down -0.40% into Europe's close

Daily RSI turned lower which implies short-term downward momentum

Despite those signals GBP/USD shorts have some things to worry about

Daily cloud is thinning & the base will begin rising soon; may attract price

Daily chart also shows right shoulder of an inverse head & shoulders forming

GBP/USD shorts likely need below 1.2540/50 to feel more confident

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