Looking at the newly created resistance levels and powerful downward momentum over the past weeks, it's likely that the current short uptrend cut turn down to retest the $10 level.
Today's announcements may create a further breakdown for GBPUSD. On the 1H chart an ascending triangle is forming under the newly created resistance of 1.23855. Short open range 1.238 with 1st target at 1.22759, 2nd target at 1.21453 - 1.21455.
![LTCUSD: Pullback to 38.2 Fib [Natural retrace] don't panic](https://s3.tradingview.com/r/RYOzeajK_mid.png "Pullback to 38.2 Fib [Natural retrace] don't panic")
