Another rejection just above a daily trend resistance line Tuesday

The line taken off the Feb. 2 1.2400 high is at 1.2000 today

Our 1.1926 long stop tripped at 1.1940 on-route to a new 2023 low of 1.1811

Sterling is also back below its 200DMA line, 1.1907

Above mkt March 24 cloud twist but cloud is thin and lacks significance

Charts lean bearish but we stand aside for now

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