FX:GBPUSD British Pound / U.S. Dollar
Cable has been in an uptrend which I called from the consolidation highlighted from 07/03 - 13/03. I believe this strong movement is not a retracement but a reversal of trend. Price may now make a lower high at possibly 1.25400 to form a strong downtrend. I may enter this position after the close of the 4 hour .