Per notes on the chart, this pair could be on its way to make another leg lower in the coming weeks. This is a long term idea, so I would be jumping on smaller timeframes to find a trade, keeping my bias for short.
Trade active
snapshot

per this updated chart, my short trade is active. I already have my sl in profits since there is GBP news tonight. So I will be taking this as a risk-free trade.
FibonacciSupport and ResistanceTrend Lines
rsfxtrader

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