GBP has continued higher on Tuesday and has moved into the 5-day highs using 110 pip ranges.
The expectation on global Index markets and forex this week, was a rotation upwards towards the March 50% level, ideally I wanted a 110 pip down move first and using the 5-day 50% level to trade upwards....
However GBP has continued upwards on Tuesday and is hitting resistance around today's highs, with expectation price is moving towards the Wednesday highs....
GBP/USD Weekly and Daily charts
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