After GBP/USD tested bearish trend line resistance on the daily and then breaking out of the 4 hour rising wedge pattern that is also in that previous blog, price overnight has continued to roll over. As always, I’ve first up featured the GBP/USD daily chart with just the most obvious single line, acting as daily resistance. Of course this could have been drawn a number of ways and is therefore more of a daily resistance zone, but the only thing that matters to us here is that higher time frame resistance has held. Now stepping into an intraday chart, you can see that the levels and stepping patterns around then that ... (full story)