FX:GBPUSD   Paun British / Dolar A.S.
Price approaching another major level. Depending on next week's GBP news and what price does at this zone, we could see action to the upside or a break and retest of this structure to the downside. Even if we see upside action at first, I wouldn't be surprised if price still eventually broke through this level to the downside. For that reason I'm focused on downside action and will be waiting for a break of this zone and retest to the bottom side. Also price is in a downtrend on the daily so if you do take a buy in the next week, make it a short TP in case the scenario plays out like what I mentioned above.
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