An aggressive spike higher post FOMC, but a stall back from 1.5169, ahead of retrace and chart barriers at 1.5205/ 1.5270 to leaves negative pressures intact.
The significant setback already to the rebound range highlights a resumption of bearish risks into this week and late March.
A plunge last week through 1.5000 and 1.4813, the 2013 swing low, set a more bearish trend theme.
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2 Hour GBPUSD Chart