Based on the study of price action, GBPUSD
made a run for Monday's high during last night Asia session and quickly moved away from the level forming a break in market structure on the 1hr time frame today. Price retraced back to the optimal trade entry area and also formed a -OB(order block) further establishing my short idea. I am looking to short the market for GBPUSD
to reach for yesterdays low and ultimately closing last week's gap.
Hope it helps your understanding.