1.400 isnt out of question since it came into the picture for a whole year almost gbpusd has recovered

Mostly recovery is two years if it doesnt maintain momentum
Brexit hasnt been finalised and COVID out shinning the shadow

Maybe a M formation has formed I'd like to see rejection in the 1.333_1.34 zone before trying the short
Chart PatternsFundamental AnalysisTrend Analysis

Disclaimer