Hello again!
GBPUSD last week provided us a nice short setup with 180 pips in closed profit based on the breakd and retest of intermediate grey color support zone,
in confluence with the broken ascending trend line.
My bias and my key areas in which I focus I remain pretty the same. The price is still in valid bearish zone from Weekly and Daily perspective plus the respected 0.618 Fib level in 4H TF.
The pointed out area of 1.13439 seems pretty legit for entering short with medium term target of 1.116 to 1.118 area.
For bullish setup, I want to see the green color path - line to break and retest the upper resistance zone as weel as the TL.