GBPUSD: Softer look, harsher truth.

Central Banks meet,

1. Bears held below 1.2740 that is the short term stop or slightly 1.2772

2. direct move below 1.2700 invites back to 1.2640

3. failed in the larger upward old support now supply line.

4. 1.2640-2740 new range?

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