The GBPUSD backs off from June highs/swing area

The 1.27579-1.2771 area is home to swing levels The price of GBPUSD has backed off from a swing area defined by swing levels. The Feb low came in at 1.2771. The swing highs from June reached 1.2762 and 1.27579. The high today reached between those levels at 1.27657 and backed off. We currently trade at 1.2725.

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