GBP/USD Weekly and Daily chartsGBP has moved above the March 50% level and has now hit the Quarterly 50% level.
A continuation higher this month and price is moving towards the Weekly highs, and as far as the March highs @ 2.0600.....
However, with a higher Weekly close the expectation is that price will rotate back down for 2-days before finding support and moving higher on the 3rd day.A move UP towards Monday's highs is an expected pattern, above those highs and push towards the Weekly .618 @ 2.0329.
A rotation back down from either high and expectation price will come back and re-test March 50% level....
Support is the 3-day lows and Weekly 50% level in any UP trend...
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