8 days of up and downs
The GBPUSD has been up one day and down the next over the last 8 trading days. The pair closed at the 1.44315 yesterday. It was near the highs. Today, there was a push to new corrective highs at 1.4445 (yesterday’s high reached 1.44438). The price has moved back lower over the last few hours and back below that closing level. Down on the day. Fits the pattern.