GBPUSD Dec 24 to Dec 28 Outlook

Recap
Cable continued matching upward and cleared Y+2. It did not stop until 1.63 was tagged. 1-2-3 sell pushed it back down to the low of the week. Closed the week near week low and below Y+1.

Outlook
Cable failed to hold its 4 hour up trend line support. As long as Y-0 (1.61) area is acting as support, looking for retest at B-0.

If cable fails to clear B-0 from below, we have a short term top in place that can last a few weeks.