Sterling beginning to consolidate its losses below the 200DMA, 1.2434

The 10DMA is poised to cross below the 200DMA, adding to downside risk

Daily negative momentum readings are stretched and RSI is over sold

Still see rebound risk and better selling opportunities

However, adjustments likely limited to 1.2430-34

The Sept. 22 1.2791-98 cloud twist not really in the game

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