GBP/USD monthlyGBP looks to be pushing lower in January, and at this stage I can't see GBP moving back towards the Quarterly 50% level just yet....
GBP Weekly
The best set-up for GBP would be to swing up towards the Weekly 50% level which matches the Monthly balance point, and then look for a higher daily open for any potential down move.
Note:- price could push down from the Weekly Balance point into the Weekly lows, but preferably I would like to see higher prices in January and then for sell patterns down.
