Here is my idea. I'm waiting this 1H candel to finish and check first 20 min of Next candle to see if there are prerequisities. If not i presume GBPUSD will go reversla into bullish, making a new 4h HH even if one leg is not enough to declare a trend, but thats my idea.
We are on 75% retrace of previous bearish leg and on a perfect round number plus a Supply Demand Zone.
Yet USA last week news are strong but after the enthusiasm of all the prices should go back to where they belong .
Lets see how it will go on.
Comment
⋅
I closed 50% of my positions at the 50% retrace. I dont like the 4h double top and that RSI Divergenze.
Still left 50% in but moved the stop Loss at the 50% of the Asian Session range.