SHORT back to 1.30000
price reacted of support and pierced a little lower, possible stop hunt which validates a long position!!
pin bar created at support from the left side, long !!!
two previous rejections at current price on the left and stop hunt pierced past same price, pin bar confirmation for entry so short bias!!!
PRICE RETESTED 109.660 LEVEL, PREVIOUS SUPPORT ZONE BECOMES RESISTANCE AND MY BIAS IS THAT IT RETRACES BACK UP TO 109.750
support of 1.4000 then bounce back to 142.00 to remove retail traders
Overall long bias, because of major rejection. however banks may manipulate short term short in order to execute retail traders stop losses before price soars again!! GBPUSD LONG (BANKS EXECUTE STOP LOSSES FIRST)