GBPUSD Possible Breakout

Updated
Price is approaching to a demand zone but there is a very long spike visibly exceeding the zone. It might imply area is cleaned from buyers already. So wait for the reaction and if area is passed then go short.

NOTE: in case of a rejection buyers will get the control for a while.
Comment
Looks like it is being rejected
GBPUSDSupply and DemandTrend Analysis

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