GBPUSD: Swing trade at the break of the trend line?

Price action recently reacted off a weekly supply zone once more and formed a daily supply zone as a result. With volatility (VIX) picking up ahead of CPI later in the day, there could be a possible short entry. As such, I will be looking for a 1H trend line to get broken leading into the NY session to execute a short trade (depending on whether the counter trend line is well established at the time). The orange/gold zone could be an alternative zone to look for 15min/ confirmation for short entries (considering there's a potential spike into the zone during the release of the news).

Order cancelled:

This trade idea did not materialise into a trade as prices failed to not only break the trend line but to remove the daily supply zone that was created yesterday. As it stands, I'll be waiting to see what happens at the current weekly supply zone. If we get another daily supply in it I will look for another trade. If the weekly supply zone gets removed, I will explore those above it.