theselfishtrader

GBPUSD - Short opportunity on the radar

Short
FX:GBPUSD   British Pound / U.S. Dollar
Price appears to be retracing having recently broken out of consolidation
IF price retests the consolidation zone between the 50% and 61.8% Fib levels, I will be watching for bearish activity
Targets would be a retest of recent lows around 1.220s