long outlook for gbp/usd our recent uptrend move had finished to 1.3246 area where bears had a chance to retrace back down, however, the movement from 1.32 to 1.326 area had unlocked key areas for another wave upwards.. bulls are in control here any retracements below 1.3193 will therefore be considered as a bear trend from 4h outlook. Once again good luck all TY .
Depending on dollar strength I am looking to enter at the current kill-zones of this potential short setup. I do expect however a continuation lower due to such high momentum taking out our previous support levels. But volatility is still in play & I wouldn't be surprised if we retest our zones of resistance before another high momentum move lower.