From the recent Swing Down, we have seen this really strong rally on the Pair. This comes from the Test of a Swing Low on the Daily Time Frame. Shows that the momentum is to the upside. Although, we are entering a Sell Zone on the Daily Time Frame, hourly shows a clear bullish strength which may take us into the sell zone in the next couple of trading sessions. My idea would be to look for a long entry in the Demand Zone marked. Various Price Action techniques can be used here for the Entry. I will probably be looking for a strong Reversal on the Lower Time Frame. In any case, if my anticipation is wrong about the bullish bias, I would wait for further Price Action to give me any information before engaging the market.
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Seems like GBPUSD got away from my Entry. Took the money off of my table. There's more to the pair as it gives a continuation.