GBPUSD Breakdown Analysis

I would like to see GBPUSD push up to g tap the 62% Fibonacci retracement are before selling off, but COT report indicates a lot of shorts being placed in the market against the Pound, so we might see the Pound moving further down and possibly breaking that area of support ending the month below that support area. drilling down to the lower time frames will give us the indication of what price will do this week. Trade what the market gives you on the lower time frames. my bias is long term short.