Failed to register weekly closes above the 1.2289 Fibo, two weeks in a row

1.2289 Fibo is a 50% retrace of the 1.4250 to 1.0327 (2021 to 2022) fall

On course to fail this week also, leave a upper shadow on this week's candle

That would signal an upside rejection, likely lead to a big drop into 2023

Interim supply comes in at the daily tenkan line, currently at 1.2277

GBP/USD Trader TGM2338