Waiting to see if price will break resistance and retest and continue up or to see if it will break support and make a new lower higher and continue down. I'm predicting it will stay bullish now as we head towards the 1800's but G o l d does seem to have a mind of its own.
GBP USD is on a nice downward trend. Looking for a sell at either B or C, if we get a pull back.
If price goes to A I'll look out for some double tops and then sell.
This is a very strong sell move.
Possible entry areas:
A: 1.25335 B: 1.24509 C: 1.23467
SL: Above the entry zone