This is what I see with GBPUSD .
Going to wait for a confirmation at around levels 1.268-1.27 . for a short position.
If EMA65 and the support turned resistance can hold then we could see a big drop of around ~150+ pips.
Daily Chart shows strong support and resistance levels at 1.27 also
If we see a drop id say target should be at around 1.25 but could...