GBPUSD is slowing filling the area of low created by the big movement on the 23rd of June 2016 or as some may know it as BREXIT! (highlighted in one of my earlier uploads, linked bellow). Once this area of low is filled i anticipate a continuation of the sentiment.
So far the re-tracement has only reached 23% meaning my bias is still until 61.8% is achieved. With bias in mind, an entry with the same strategy was found on the Hour 1 chart.