According to my analysis on the weekly chart
Gbpusd made a structural previous high at 1.31240 and broke the low which is 1.26204.
It rallied downwards and swept previous liquidity at 1.20368 and price then reversed back into the initial orderblock to fill in those imbalances within that zone which is 1.27384. That gave the market a push downwards and now i expect a bearish bias following in the same direction to wipe out liquidity at 1.03274.
Gbpusd made a structural previous high at 1.31240 and broke the low which is 1.26204.
It rallied downwards and swept previous liquidity at 1.20368 and price then reversed back into the initial orderblock to fill in those imbalances within that zone which is 1.27384. That gave the market a push downwards and now i expect a bearish bias following in the same direction to wipe out liquidity at 1.03274.