Disclaimer on,
This is a personal opinion, I am not responsible on your trading results.
Trade with your own risk.
The GBPUSD currency pair is still in a correction condition from its major trend (Bearish), if it is observed that the correction has stopped at the 90 EMA area which also coincides with the 0.618 Fibonacci ratio.
Furthermore, the decline will continue to at least reach the level of 1.33300 - 1.32900 which is the classic support area.
If you look closely at the daily time frame, the currency pair is forming a descending broadening wedge pattern.
This is a personal opinion, I am not responsible on your trading results.
Trade with your own risk.
The GBPUSD currency pair is still in a correction condition from its major trend (Bearish), if it is observed that the correction has stopped at the 90 EMA area which also coincides with the 0.618 Fibonacci ratio.
Furthermore, the decline will continue to at least reach the level of 1.33300 - 1.32900 which is the classic support area.
If you look closely at the daily time frame, the currency pair is forming a descending broadening wedge pattern.