GBP trading below December 50% levels with the expectation that the trend will continue down.
This week the Expectation that the trend is going to be defined by the 3-day high (sell-cycle).
Any push down on Monday and expectation that the weekly trend will move towards the Weekly channel lows @ 2.0105
The Spiral point high on the 90 along with the blue channel highs will be Monday's risk level, with the view that any further push down will be towards the same level as Wednesday. (blue channel lows)
Don't short trade GBP above the 5-day 50% level on Monday....
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