GBPUSD can either reject the bottom trendline and go bullish to our previous highs of 1.4 or it can break the bottom trend line and go bearish to retest support below.
I believe that price will retest before going further down this week, as this is a Fibonacci retracement level and it is a strong resistance. I think that it will then be bearish to 1765 to activate possible limit orders from the big players in the market.
