GBP Daily:-Breakout of the 3-day high, but compared to other spreads the GBP is still below the Weekly balance point (red).
The bias of the 3-day Breakout onThursday is to continue higher on Friday, which could see GBP move as high as the Weekly breakout from last week @ 1.9000..
No probability pattern on Friday:- I would wait until Friday closes and look for a set-up from Monday.
Support 5-day 50% level....
- All Daily forex reports are written before 9.00am Sydney Time, which is approximately 3 hours before Midnight GMT
