Major daily resistance at 1.3000 was approached and rejected last week, a series of lower highs were being created after reaching 1.3000 price zone which resulted in a 150 standard pip drop to end the week, breaking out of the slow moving upward channel. Expecting lower highs to continue after a pullback (patience is the key) due to weaker gbp data and fundamentals. USD fundamentals could shake things up a bit with NFP on friday.