Forex GBP/USD 17th Dec 2007

GBP:- lower Weekly close and expectation that price rotation upwards (2-day upswing) before trend resumes down into Weekly lows and December lows.

No high-probability trades on Monday, as it's trading in no mans land.

Support is the blue channel lows. (2.0083-92)

Resistance is the Blue channel breakout on Friday (2.0318)