Flat
Flat levels for now.
As you can see GBP have a descending movement still. I suppose that it is finishing its target from the Friday, because there is a divergence on the whole Monday movement.
Take a look at the picture.
I marked out flat levels.
How to use them: watch the price movement from the one level to the other (remember that usually flat levels become good supports or resistances). 1st watch minor flat, then mid terms, and then the largest flat.
Also you can see that price have stopped at the support level 2.0786. GBP didn't manage to fix on the one side, nor on the other. Classical flat situation.
If you have any questions, please, feel free to ask.
Good luck,
Anthony Schneider.
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