GBPUSD - Corrective Phase followed by SHORT entry
Updated
Market has again broken consolidation phase and re-tested previous support level. RSI divergence is in synch and there is no bullish signal on 1H time frame. market is currently at 4H support level and seems like it will take corrective move till FIB level of 0.382 (which also coincides with drawn trend line). after Rejection from trend line and FIB 0.382 level it will continue for bearish trend and TP1 is LH and other TP is projected new TP-2 which is FIB Extension levels.
Note
Entry point is at FIB level of 0.382 and Stop loss at 1.25002Trade closed: target reached
TP1 hit Note
TP2 Hit 
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