04 GBPUSD DAILY CHART

DAILY: GBPUSD has broken the previous low and look for some correction before continue to drop. The first reversal zone 1.3013-1.3059.

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4-HOUR: GBPUSD we can sell in the reversal zone 1.3013-1.3059 if you see some reversal price action. However, I prefer to complete ABCD pattern first before going short.

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4-HOUR: GBPUSD pays attention at 1.3057 (ABCD pattern) and 1.3079 (0.618 retracement). We prefer to go short at this zone. The update chart will send later.