Looking to Drop a few Pounds..

GBPUSD has been a lot of fun but its extended and needs a little retrace.

We have an hourly reversal confirmation and are just waiting on a 78.6% test for a nice entry.

We will not be making a full turn around here, weekly sentiment is still Bullish and we will continue to towards the weekly 100EMA before we see a more aggressive bearish movement.

Use good risk and good luck!