Re-distribution on GBP/USD ?

I am bearish on GBP/USD from 1.2423. According to the projection of this re-distribution, GBP/USD may visit the level of 1.2200 in next period. Firstly, I would like to see a breakout of support at 1.2395.

This is classic re-distribution by Richard Wyckoff since we got mark down in the background.

Trade safe and good luck >