Above the blue filter and price is moving back towards the 3-day high filter and 5-day 50% level.
I'm still bearish.....
don't short trade above the 3-day filter, which matches the 5-day 50% level.
Below .6373 and price expectation is down into Thursday's lows
Same as the AUD:- blue filter trend guide
3-day filter resistance.
GBP Weekly and 3-day pattern
Weekly 50% level resistance, but I wouldn't go long on GBP unless verified with a daily HOOK pattern.
Bullish pattern would be to be trading above the 3-day highs and 5-day 50% level, that could see a move towards the 5-day highs
- All Daily forex reports are written before 9.00am Sydney Time, which is approximately 3 hours before Midnight GMT