hey guys, is this a good wkly chart analysis of the gbp/usd? are my fibs drawn correctly? have i identified the right round number s/r ppz areas? is there div from 2/09? is there other confluence i should look for like ma's etc? should i now drop down to daily or maybe even 4h to look for pa at ~.4700? i am thinking that overall the gbp/usd is still in downtrend, so i am looking for bearish pa. but if price breaks thru .4700 area, then i should look for retrace & "old resistance to become new support". thx.
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