And stops right above the old resistance line
1.2783 the low on the move under 1.2800.
GBPUSD 15m chart
1.2770/75 is my important level here, being the old resistance before the break. This move mainly looks USD driven as the buck asserts some pressure across the board. USDJPY isn’t doing much but we’re seeing it rally against CHF, CAD, EUR, and AUD & NZD.