FX:GBPUSD British Pound/U.S. Dollar
PA is heavily oversold after a very large drop. I'm currently entering spot long position to ride the retrace back up to at least the 23.6 fib level. At this point PA could retrace further to the 38.2 fib or it could just drop down again to re-test lows.
***** HOW TO READ THE CHART: The red and blue lines represent clusters of BUY/SELL orders. The thicker the line, the stronger the cluster. Red = SELL, Blue = BUY. Grayed Out = Cluster Hit & Gone.