I'm anticipating lower prices on GBPUSD. The CPI move yesterday confirmed this bias. I am now looking for continuation lower. I don't believe price will move too much higher to fill the inefficiency. There is a signature Gap on the 4h timeframe that I will be framing this short on.
Possibly adding confluence with a Judas Swing coupled with the Classic Tuesday High of the Week.
The stoploss is for illustration only. I would wait for a lower timeframe shift in market structure along with BISIs being disrespected and SIBIs being created.
- R2F