Dollar accelerates higher against riskier assets starting a strong corrective movement after past Friday’s loses and today’s lack of volume due to US holiday. Pound however, continues moving with delay compared to Euro or Aud, thus the general dollar momentum will favor the bearish tone shown in 4 hours chart: current rally should extend towards 1.5320/30 support area, where behavior will be key, as a small consolidation there, followed by a break lower, should signal a continuation nearing 1.5260 immediate support.

Only above 1.5420, pair could lose the bearish tone, aiming to test the 1.5460/80 area, not seen at this point.

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