GBP/USD Rejection Below 1.5600 a Good Sign
It's a good sign for bears that the GBPUSD could not take out the high. As such, the bearish outlook is on track. A break of the early month low would shift focus to the 4/11 high at 1.5410. Bigger picture, the May top could be extremely important.
Continue to keep an eye on GBPJPY as well. 154.30 could cap a rally.
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