Sterling gains stalling just ahead of a 38.2% Fibo at 1.2309

Tempted to take a counter trend short, playing an adjustment

Will look for over bought indications before jumping in

Fourteen day momentum still poised to flip positive

Daily RSI is flattening out at neutral levels

Mixed signals but market could be looking a little top heavy

Possibly potential for a run back to the 10DMA, currently 1.2194

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