A fifth consecutive lower daily low, 1.2642

The 200-day moving average left high and dry at 1.2819

This week's action has also removed the 200-week average, currently 1.2830

Weekly bear trend strengthened but rebound risk is high

Daily momentum readings are looking stretched and nearing over sold levels

However, bear run is looking to the low 1.26s, last seen in June

GBP/USD trader TGM2338

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