GBP Daily and 3-day patternlooking for a pullback into the 5-day 50% level, which could go as far as Thursday's lows.
Because early this week GBP hadn't tested the Weekly 50% level, there is an expectation that price can be pushing down into this level.
Thursday's 5-day 50% level random support, which could attract some buying, but I would think it's going to be short lived and contiue down into Thursday's 3-day lows.
- All Daily forex reports are written before 9.00am Sydney Time, which is approximately 3 hours before Midnight GMT
