GBPUSD short - Bearish Correction

Welcome to a new Update

On GU we had a strong move to the downside.

Monthly:
It was because of the monthly timeframe. We are currently completing the correction based on the last impulse move to the upside.

Weekly:
Nice bearish Pinbar so signalize us the market will go down. This also the point why I expect it to go up first before dropping down. To collect some more liquidity.

Daily:
Bearish environment. We broke the trendlind

Lower Timeframes:
M Formation on the h4. Therefore I would like to see market going up before dropping down lower

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