GBP/USD 13 th December 2008 Weekly
GBP Monthly and Weekly
There is still a bias to continue up towards the Monthly 50% levels, and probalby higher into the new Quarterly 50% level in January...
Next Week :- support Weekly 50% levels
GBP 3-day pattern
5-day 50% level and 3-day filter support.
It seems the most robust support is the re-test of the 3-day filter and then the next day moving higher from the 5-day 50% level.
Friday support, therefore I would look for higher moves on Monday from the 5-day 50% level.