FOREX GBP/USD 12th August 2008

GBP Daily

GBP moving down into the Weekly lows.

There was no probability pattern on Monday, and there is none on Tuesday.

I would like to see currencies find support around the Weekly lows, and then look for the next probability pattern the day after.

• All Daily forex reports are written before 9.00am Sydney Time, which is approximately 3 hours before Midnight GMT

Exact levels shown for current day aren't confirmed until midnight GMT