GBP trading around the Quarterly lows....Yesterday confirmed the overall down trend with the breakout on the Weekly low, and with the expectation that price is moving down into 1.9338....
And then into February lows next week..
Resistance: -Thursday low breakout @ 1.9530
Support :- Friday low (higher Risk)
Expectation price will test Friday lows, which match the Weekly levels.
Ideally the best set-up would be a reversal upwards on Friday, re-test the 5-day 50% level and then trade down into Friday....
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