GBPUSD CYPHER OR SHARK!!!

GBPUSD is currently in a downtrend from 13268 which could complete soon at 12734-12667
these levels are for either CYPHER(786) or SHARK(886), failure to hold these zones will target
12620-12590 and break below here will target 12532-12495 or upto 12427.
If it is not a cypher then a shark has the potential to complete lower which would target 12532-12490.
Caution warranted at current price levels for break in either direction.

Comment:

GBPUSD has also tagged 12774 which is a 382 of 11986-13268 and there is a potential completed structure at 12770-12780.
consolidation probable between 13268-12770