More downdise before we can see some reversal on the GBPUSD pair, since we just passed Demand zone on both weekly and daily.
On weekly we broke DZ @ ~1.50, and then broke daily DZ @ ~1.48.
Enter short at retracement on H4 SupplyZone (1.4675-1.4700) Try to time entry on H1 (or M30)
Target on this trade is ~1.40. But i recommend to take 2/3 of your lots if we hit next DZ @ ~1.4450
On weekly we broke DZ @ ~1.50, and then broke daily DZ @ ~1.48.
Enter short at retracement on H4 SupplyZone (1.4675-1.4700) Try to time entry on H1 (or M30)
Target on this trade is ~1.40. But i recommend to take 2/3 of your lots if we hit next DZ @ ~1.4450