Following up on the last chart. Here's a daily of GBPUSD . We've broken below the daily uptrending after failing to reach the and also breaking below the Trading Range point of control. Bounced of minor swing support and the warning line. A poor lack of demand retest of the VPOC would be the perfect short entry for a strong leg down and realization of the possible distribution above the TR VPOC. Though the rally was strong off the the level, I continue to think that we're going to test the VPOC of the trading range and make a move down to a major swing low. If this is the case, GBPUSD should stay within the new downtrending red slope.