Range up to 80 pips.
In a previous article, GBPUSD hit a new low and extended the trading range to around 55 pips. This lower stroll continued with a range of up to 80 pips. The 22 day average is still higher at 145 pips, but the sellers have lowered the pair slightly.
Remember, the day’s high stalled a few pips off last week’s high, creating a nice double high in the 1.3700-1.37028 area.