Daily chart on GBPUSD points on long term bearish trend. Setup of lower highs is very characteristic. Currently after bullish correction, bears let to know about themselves and price is dynamically decreasing for two days. It looks like it is worth to use this momentum because it looks like price is heading at least to last low.
There can be some opportunity on H4 time frame. We can see here break of support in 1.5150 area and re-test from below. There is Pin Bar creating which can be our signal to open short position. Target is at last low so we have about 100 pips of potential profit.
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