GBP/USD Weekly and Daily charts....Quarterly 50% level still resistance:- 2.0184
This Week has seen a higher Weekly open and expectation of a 2-day reversal down. This has completed with Tuesday finding support .
There is still a large gap to the Weekly 50% level.....
Support confirmed on Tuesday and the 5-day 50% level, and Wednesday's 5-day 50% level is a valid support zone, but the break up needs to be confirmed...2 day reversal and 3rd day UP.
Above 2.0146 and looking for a move towards the 5-day highs.
Failure to break 2.0146 on Wednesday and move back below the 5-day 50% level and price is rotating towards the Weekly 50% level
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