GBPPUSD Moving As Expected Short Term SELL Now on?

Ok on my last post on the GBPUSD I give you a detailed path on where the market would target which was the 1985 low as stated I thought we would get a correction before hittiing these levels also stating that if we did drop further quickly it would likely happen on the Monday morning. This is exactly what happened last Monday with the huge crash down.

In the last post I expained once the correction occured the first easy target price will be drawn too is 1.14 being the previous Monthly SUPPORT/LOW this level will be a good area for a SELL trade and that's exactly what I will start to look for today I've set alerts on the 4hr to daily charts for my indicator to give me a SELL signal.

My targets have changed for the SELL trade since the last post as we have already hit the 1985 LOWS and I do not think we will drop that far again I have located a nice 12hour demand area that starts around 1.10 I will target here and below if the trade occurs as we could blast straight up to 1.18 though 1.14 will be a strong level so a reactiion here is likely.

On the BUY side I will look to become an active buyer again when price drops down to 1.10 or below and wait for a BUY signal to enter the trade.

If the trades occur I will post the settups