GBPUSD a test of the 1.26000 ðŸĶ

āļ—āļĩāđˆāļ­āļąāļ›āđ€āļ”āļ•:
GBPUSD on the 4h chart after the last bearish impulse retraced at the 0.886 Fibonacci level.
The price is trading above an important weekly structure and is currently testing the 50% retracement.

According to Plancton'strategy IF the price will move below we can look for short order.
āļšāļąāļ™āļ—āļķāļāļŠāđˆāļ§āļĒāļˆāļģ
āļŠāđāļ™āļ›āļŠāļ­āļ• market drop as expected
āļšāļąāļ™āļ—āļķāļāļŠāđˆāļ§āļĒāļˆāļģ
āļŠāđāļ™āļ›āļŠāļ­āļ• lower low
āļšāļąāļ™āļ—āļķāļāļŠāđˆāļ§āļĒāļˆāļģ
āļŠāđāļ™āļ›āļŠāļ­āļ• moving lower
Trend Analysis

āļ„āļģāļˆāļģāļāļąāļ”āļŠāļīāļ—āļ˜āļīāđŒāļ„āļ§āļēāļĄāļĢāļąāļšāļœāļīāļ”āļŠāļ­āļš