GBP/USD Attempting to Establish a Price Top

Consolidation, price top, central pivot: GBP/USD has been consolidating since failing to break above 1.56. It has also found support around 1.5480. During the 5/7 session however the market pushed GBP/USD to 1.5445 before pulling back to 1.55. The break to the downside is not clear, but price still…

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GBP/USD Attempting to Establish a Price Top