GBP rising upwards towards February 50% level @ 2.0133Market is in a 3-day BUY cycle and trading above the Weekly 50% level, and as of today it's trading above the Monthly balance point...
However, I would like to see price come down next week and re-test the monthly 50% level before heading upwards..
Yesterday's trading was a high probability pattern using 'forward-rises' pushing up from the 5-day 50% level, but there still remains Weekly resistance...
Friday:- no probability pattern otherthan Friday resistance @ 1.9964
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