 The GBPUSD is moving to a new day high and in the process is moving closer to the 61.8 of the 2022 trading range. That range had a high in the beginning of January at 1.37479, and a low on September 26 at 1.0352 as new PM Truss was making her budget blunders that led to her resignation on October 20 after 44 days in office. The 61.8 retracement of the years trading range comes in at 1.24507. The high price yesterday reached 1.2443 just 7-8 pips short of that target. Looking back... 