GBPUSD

We can see the inner trend line has been broken and is sitting on support. i believe we will see a further retracement to the 1.5 area highlight which is in confluence with the FIB Retracement 0.38, Major SUPPORT & outer trend line before we see upside movement to my targets 1.6.

If we see a clean break and close on the DAILY TF below the outer trend line then i should go short to my downside target at the 1.5 area.

so to conclude my overall bias is long until we see the break of the outer trend line.