GBP Weekly and Daily chartsGBP pushing down into the MAY lows.
Last Week closed on it's lows and below the Weekly channel lows:- breakout can just send GBP lower into next week's lows....
Ideally the best set-up would be a 2-day swing upwards early next week and into the Weekly 50% level, and then continuing down towards MAY's lows
3-day lows support on Friday....And if there is going to be a swing up towards the 3-day highs early next week, it should be trading above 1.9566
Otherwise it will continue to make lower lows each day.....
