FOREX GBP/USD 14th Feb 08 part 2

GBP making extended gains on Thursday as it follows the Daily ranges higher (110 pip moves)

Around 1.9724 on Thursday will be the next Spiral point, but my view that any selling around that high could be short-lived (Wednesday high support)

Market path is to .618 of the Weekly range @ 1.9789, which looks like matching on Friday...