GBP/USD Weekly and Daily chartsGBP is trading around the Quarterly 50% level, and above all other higher timeframe 50% levels. At this stage GBP is expected to head higher this month, however I would like GBP to come down and re-test the Weekly 50% level to verify the trend....
GBP intraday chartsGBP is trading around the 5-day 50% level, and in Sunday's trading price went down and tested last week's breakout. Therefore there could be a rise UP on Monday back into resistance around 2.0303.
I would still like to see GBP to come down test the Weekly 50% level and 3-day lows for the next UP move to begin the next day.
At this stage I see any UP day on Monday as a stalling day into resistance.
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