The 1.20968 to 1.21057 is home to the
The GBPUSD is back down testing a swing area which before today was home to swing highs for Monday, Tuesday and Wednesday.
Earlier in the NY session the area was tested and held. We are back down retesting the area. A move below would be more bearish.
PS Meanwhile the EURUSD is back a the 1.11000 level after correcting up to the 1.11185 (and above the 1.11115 level – 61.8%) and moving back down…..