Looks like your time frame is on the 1day time frame still feel the sell is a short term sell for gbpusd
A retracement then back to its uptrend my thoughts
silentjupiter
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Yes I agree! Was tempted to sell the left shoulder on the hs shown in smaller tfs, but am patiently awaiting confirmation that it will play out before entering.
Seezak
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Yh a bounce is possible but I don’t see a bounce above 1.2550. According to dxy movement, the drop should begin tomorrow.
A retracement then back to its uptrend my thoughts