GBPUSD BUY

GBPUSD

I'm looking for a short-term buy on this pair. Price gave a hard rejection at a previous support level and is now on the rise. At the high where structure was broken, a double top was created on the 4-hour time frame at the high in this zone. Let's see if price will pull back to retest that area before continuing the downtrend.

We could also see price continue the downtrend if we fail to break above the 1.25900 level