A study of COT shows an increase in strength of the USD for next week. While GBP is still in a Moderate down trend of 1.5:1, the short contracts were reduced massively. This tells me that there is going to be a retracement downside. The 38.5% and 50% retracement are the current focus. I dont think price will fall to previous swing low (Covid19). Therefore i would...
Sell for ~200pips, before momentum to upside.