GBP Weekly and Daily
Expectation of a move into September 50% level has played out, and with the view that price will reverse back down into the October lows.
But there is still 3 weeks to go until the end of the month....
Last Week the usual patterns:-
Monday's view was to move back into the 5-day 50% level because of the breakout from Friday.
And the rest of the week was based on the 5-day pattern, brown filter and Weekly balance point
Only 1 trade last week on Sunday + 33 pips
Next Week:- a higher Weekly open around the September 50% level and I find it hard to see too much more upside just yet.
