GBP Daily and 3-day patternGBP moved up into the 3-day highs on Thursday and reversing down towards the 3-day lows.
5-day 50% level is the trend guide, and along with the brown filter.
No probability on direction:- price can continue to move down towards Friday's lows, which match the Weekly 50% level as part of my view of price moving back down into the Weekly 50% levels.
Above the brown filter and 5-day 50% level and a move back towards the 3-day filter is a possibility, but more likely from a new 'lower' Weekly open than this Friday.
- All Daily forex reports are written before 9.00am Sydney Time, which is approximately 3 hours before Midnight GMT
