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GBPUSD Daily a few Ideas

FX:GBPUSD   British Pound/U.S. Dollar
We have had a Double top form on the most recent high so my view here is that we will start to see a retracement.

Possible outcomes:

We could have a simple retrace to the 618 area of teh most recent impulse leg and then see a futher rise up

or

A possibel Bullish Cypher is forming, we were jsut shy og the 1.27 area of the B to C leg so it could be classed by some as invalid but this could see a drop down to the 786 area which was a area we previous found support and had a rise from

or

I could jsut be wrong and it sees a slight pull back before continuing upwards
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