….Lower highs over the last few days
The GBPUSD:
The not so bullish (concerning) is that since the break above the 1.1288-90 on Thursday:
Nevertheless, despite the concerns, I still give the nod to the bulls. Stay above 1.2988-90 would be the close support (risk) for longs now. Stay above the 100 hour MA is a lower risk level for longs. On the topside, if the price can get and stay above the prior highs, the dips will not look "bearish" but simple "corrective".