
Expectation that GBP would find support around the December lows, and then begin the swing back upwards this week.
Lower Weekly open expectation that price would swing back towards the 3-day highs.
A reversal pattern would firstly need to see a breakout above the 3-day highs, with the expectation that price will move higher into Friday back towards the Weekly 50% levels next week.
First sign will be price trading above the 5-day 50% level and breakout above the blue channel high......