GBPUSD - Asian Weakness

It looks like this pair finally took the plunge over the Asian session. Sentiment sellers remain very high on XXXUSD pairs so knowing how the market works, I would expect one more wave of buyers before we do start to see those significant drops in the market. We have now touched the lower trend-line of the ascending channel so this might be a good place for GBPUSD to initiate bullish pressure, keep your eye on the DXY.