GBPUSD - still in a clear downtrend but..

FX:GBPUSD   British Pound / U.S. Dollar
123 0 1
Trend is clear here in bigger picture but what I don't like is the inner trendline . It has been tested so many times that in my eyes it is starting to lose its credibility. I'm currently not looking to buy this one but if we should see a decent break of the blue trendline then a move back towards 1.60 would ideal to re-short next year for new lows.

Time will tell. Watching.
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