Too soon to be talking trend reversals but GBP has taken a hit

Failure to drive a channel resistance break home Tues proves costly

Channel top today at 1.3925: close above needed for trend to resume

On the pullback from Tues 1.3955 trend high eyes 10DMA at 1.3813

Key support and potential tipping point 1.3776 Feb 12 low

Underlying bull trend remains in place, for now

Sterling looks precarious, remainder of the week now pivotal.

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