H4 broke yet another minor support level, i took a sell on the retest of this level in anticipation that price will be heading towards the daily demand zone. My confluence is the heavy bearish momentum that GBP has, the broken demand zone on the daily which is now a supply zone and H4 already created a LH so i'm following the structure that a LL should be created which coincides with 1.28000 = daily demand zone. Also for the past 3 days, the market dropped during the New York open and retraced back up 2 hours ( 1600hrs GMT+1 ) after the open so i'm anticipating the same structure today.